Why is Adline Chem Lab falling/rising?

As of 18-Jul, Adline Chem Lab Ltd's stock price is currently at 16.47, reflecting an increase of 0.78 or 4.97%. The stock has shown a positive trend recently, gaining 10.17% over the last two days and outperforming its sector by 5.52% today. Despite a slight decline of 0.30% over the past week and a more significant drop of 8.70% over the past month, the stock has generated a return of 7.58% over the past year, outperforming the BSE500 index in the long term. 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 -100.00%. This, combined with a high debt-to-equity ratio and negative EBITDA, presents risks that could impact future performance.
In the broader market context, while Adline Chem Lab's stock has shown some resilience in the short term, the benchmark Sensex has experienced a decline of 0.90% over the past week and a modest gain of 0.38% over the past month. This indicates that, despite the stock's recent gains, it has not been able to maintain a consistent upward trajectory compared to the overall market. The company's performance, while strong in the short term, is overshadowed by its long-term challenges, suggesting that investors should remain cautious given the underlying financial issues.