Why is Blu.Coast Hotel. falling/rising?

As of 24-Jul, Blue Coast Hotels Ltd is experiencing a price increase, currently at Rs 41.56, reflecting a rise of 1.97 or 4.98%. The stock has shown impressive performance, gaining 42.13% over the last 12 days and outperforming its sector by 4.92% today. Over the past week, the stock has surged by 23.91%, and it has delivered remarkable returns of 415.63% over the past year, significantly outpacing the BSE500 index. However, despite these positive trends, the company faces challenges, including a negative book value and a weak ability to service its debt, which may raise concerns among investors regarding its long-term fundamental strength.
In the broader market context, while Blue Coast Hotels Ltd has outperformed the Sensex, which has seen a slight decline of 0.09% over the past week, the stock's strong upward trajectory contrasts with the overall market performance. The stock's liquidity remains adequate, although there has been a notable decrease in investor participation, with delivery volume falling by 52.72% against the five-day average. This decline in participation could indicate potential caution among investors despite the stock's recent gains, reflecting the mixed sentiment surrounding its financial health and future prospects.