Why is Andhra Cements falling/rising?

As of 05-Sep, Andhra Cements Ltd is experiencing a price increase, with its current price at Rs. 104.58, reflecting a rise of 4.98 (5.0%). The stock has recently hit a new 52-week high and has outperformed its sector by 5.36%. It has shown a remarkable performance over the last six days, gaining 24.15% during this period. Additionally, the stock has demonstrated strong returns over various time frames, including a 61.19% increase over the past month and a staggering 1475.00% over the past three years. However, despite these positive indicators, the company faces challenges such as a high debt-to-equity ratio of 5.09 times and a significant decline in operating profit over the last five years, which raises concerns about its long-term fundamental strength.
In the broader market context, Andhra Cements has significantly outperformed the benchmark Sensex, which has only increased by 1.13% over the past week, while Andhra Cements has surged by 23.04%. This stark contrast highlights the stock's strong performance relative to the market. However, the company’s high debt levels and negative EBITDA present risks that could affect investor sentiment. Furthermore, the recent decline in delivery volume by 11.01% against the five-day average suggests a potential decrease in investor participation, which could impact future price movements. Overall, while the stock is currently rising, its long-term outlook remains uncertain due to underlying financial weaknesses.