Why is 63 Moons Tech. falling/rising?

As of 25-Jun, 63 Moons Technologies Ltd is experiencing a price increase, currently at 1,000.35, reflecting a rise of 36.5 or 3.79%. The stock has shown strong performance recently, gaining 15.96% over the last three days and outperforming its sector by 2.21% today. It has also outperformed the benchmark Sensex significantly over various periods, including a 165.45% return over the past year and a remarkable 481.43% over three years. However, despite these impressive returns, the company is facing challenges, including operating losses and a weak long-term fundamental strength, as indicated by a negative EBIT to Interest ratio and declining profitability metrics.
In the broader market context, the stock's recent performance is notably strong compared to the Sensex, which has only increased by 1.61% over the past week. While the stock has been gaining traction, the underlying issues such as negative results for the last four quarters and a lack of domestic mutual fund investment suggest caution among investors. The significant rise in investor participation, as evidenced by a 254.02% increase in delivery volume, indicates growing interest, but the company's weak financial fundamentals may pose risks that could affect future performance.