Why is Adline Chem Lab falling/rising?

As of 20-Jun, Adline Chem Lab Ltd's stock price is currently at 18.71, reflecting an increase of 0.36 or 1.96%. The stock has been on an upward trend, gaining for six consecutive days and achieving a total return of 11.77% during this period. It has outperformed its sector by 1.35% today and is trading above its moving averages across various time frames. Over the past year, the stock has delivered a strong return of 40.36%, significantly outperforming the BSE 500 index. However, despite these positive short-term performance indicators, the company faces challenges such as a negative book value and a high debt-to-equity ratio, which contribute to its classification as a risky investment.
In the broader market context, Adline Chem Lab's recent performance has been notably strong, with a 9.61% increase over the past week compared to a 1.59% rise in the Sensex. This trend of outperformance extends to the one-month and three-year periods as well. However, while the stock has shown impressive short-term gains, it is important to note that its long-term fundamentals are weak, with net sales declining at an annual rate of -100% over the last five years. This juxtaposition of strong recent performance against a backdrop of poor long-term growth prospects may create a complex investment scenario for potential investors.