Why is Blu.Coast Hotel. falling/rising?

As of 12-Aug, Blue Coast Hotels Ltd is experiencing a significant rise in its stock price, currently at Rs 78.24, reflecting an increase of 3.72 or 4.99%. The stock has reached a new 52-week high today and has been on a remarkable upward trend, gaining 147.44% over the last 21 days. Additionally, it has outperformed the sector by 4.51% today and is trading above all key moving averages, indicating strong momentum. Despite a negative book value and weak long-term fundamentals, the stock has generated impressive returns of 739.48% over the past year, which has attracted investor interest, as evidenced by a rise in delivery volume.
In the broader market context, Blue Coast Hotels Ltd has significantly outperformed the Sensex, which has seen a decline of 0.59% over the past week while the stock itself has surged by 27.49%. This stark contrast highlights the stock's strong performance relative to the market. However, it is important to note that the company's financial health is concerning, with a negative EBITDA and poor EBIT to interest ratio, which may pose risks in the long term despite its current price rise.