Why is Adline Chem Lab falling/rising?

As of 17-Jul, Adline Chem Lab Ltd's stock price is currently at 15.69, reflecting an increase of 0.74 or 4.95%. Today's performance indicates that the stock has outperformed its sector by 4.53%, despite experiencing erratic trading, having not traded on one day out of the last 20. The stock's performance over the past week shows a decline of 6.88%, while it has generated a modest return of 2.48% over the past year. Although the stock has a negative book value and weak long-term fundamentals, it has shown strong market-beating performance over the long term, particularly with a 79.31% return over the last three years. The recent increase in delivery volume by 400% against the 5-day average suggests rising investor participation, which may be contributing to the current price rise.
In the broader market context, the Sensex has experienced a slight decline of 1.12% over the past week, contrasting with the stock's recent upward movement. This indicates that while the stock is facing challenges, including high debt and poor long-term growth, it is still managing to attract investor interest and outperform the benchmark in the short term. The stock's liquidity remains adequate for trading, which may also support its price stability amidst the broader market fluctuations.