Why is Vodafone Idea falling/rising?

As of 30-Jun, Vodafone Idea Ltd. is experiencing a rise in its stock price, currently at 7.44, with an increase of 0.06 or 0.81%. The stock has shown a strong performance recently, gaining 13.59% over the past week and outperforming its sector by 1.52%. It has been on a consecutive gain streak for the last five days, and the delivery volume has increased by 22.38% compared to the five-day average, indicating rising investor participation. However, despite these positive short-term movements, the company has a negative book value and a weak long-term fundamental strength, characterized by a high Debt to EBITDA ratio of 9.60 times and a low Return on Equity of 3.89%, which may pose risks to its future performance.
In the broader market context, Vodafone Idea's recent short-term return of 13.59% significantly outpaces the Sensex's return of 2.09% over the same period, highlighting its relative strength in the market. However, it is important to note that the stock has underperformed over longer time frames, with a year-to-date return of -6.30% and a staggering -58.44% over the past year, contrasting sharply with the Sensex's positive 7.00% return. This disparity suggests that while the stock is currently gaining traction, its long-term outlook remains concerning, particularly given its historical performance and ongoing financial challenges.