Why is AKI India falling/rising?

As of 08-Jul, AKI India Ltd's stock price is currently at Rs 13.76, reflecting a significant increase of 2.29 (19.97%). The stock has shown impressive performance recently, gaining 75.29% over the last six days and outperforming its sector by 19.95% today. It opened with a substantial gain of 19.97% and has consistently traded at this price. However, despite these short-term gains, the company faces challenges such as operating losses and a high Debt to EBITDA ratio of 7.50 times, indicating weak long-term fundamental strength. The stock has underperformed over the past year, with a return of -43.72%, which raises concerns about its profitability and ability to service debt.
In the broader market context, AKI India's short-term performance has significantly outpaced the Sensex, which only increased by 0.02% over the past week. While the stock has gained 66.38% in the last week and 73.30% in the last month, the overall market has shown modest growth, with the BSE500 generating returns of 1.98% in the last year. This stark contrast highlights the stock's volatility and the potential risks associated with its current valuation, especially given its negative EBITDA and low return on equity.