Why is Adline Chem Lab falling/rising?

As of 26-Jun, Adline Chem Lab Ltd's stock price is currently at 19.08, showing no change (0.00%). The stock has demonstrated strong performance in the near term, with a 3.98% increase over the past week and a remarkable 32.41% rise over the last month. Additionally, it has outperformed the benchmark Sensex, which has only increased by 2.94% in the same week and 1.92% over the past month. The stock is trading above its moving averages across various time frames, indicating positive momentum. Furthermore, there has been a significant increase in investor participation, with delivery volume rising by 92.31% against the 5-day average. However, it is important to note that the company has a negative book value and weak long-term fundamentals, with net sales declining at an annual rate of -100.00% over the last five years.
In the broader market context, Adline Chem Lab's recent performance has outpaced the benchmark, reflecting strong investor interest despite underlying financial weaknesses. While the stock has generated a substantial return of 52.64% over the past year, its profits have only increased by 2%, indicating potential risks associated with its high debt levels and negative EBITDA. This juxtaposition of strong short-term returns against a backdrop of poor long-term growth prospects suggests that while the stock may be rising currently, it faces significant challenges that could impact its future performance.