Why is Aananda Lakshmi falling/rising?

As of 11-Jul, Aananda Lakshmi Spinning Mills Ltd is experiencing a price increase, currently at 17.92, reflecting a rise of 0.67 or 3.88%. The stock has shown strong performance recently, gaining 10.55% over the last three days and outperforming its sector by 5.4%. Despite a year-to-date decline of 16.65%, the stock has delivered a remarkable 28.00% return over the past year, significantly higher than the broader market's performance. However, it is important to note that the company has a negative book value and a weak long-term fundamental strength, with net sales declining at an annual rate of -23.88% and profits falling by -30.1% over the past year.
In the broader market context, the stock's short-term return of +1.70% over the past week contrasts sharply with the Sensex, which has declined by 1.12% in the same period. This indicates that Aananda Lakshmi is performing well relative to the market. However, the company's high debt levels and poor long-term growth prospects present significant risks that could impact future performance. The rising investor participation, evidenced by a 76.93% increase in delivery volume, suggests that there is some confidence in the stock despite its underlying challenges.