Why is Blue Pearl Agri falling/rising?

As of 14-Jul, Blue Pearl Agriventures Ltd is experiencing a price increase, currently at 62.16, reflecting a rise of 1.21 or 1.99%. The stock has shown strong performance recently, gaining 85.33% over the past month and outperforming its sector by 2.71% today. It has been on a consecutive gain streak for the last 21 days. Despite this positive momentum, the stock has a negative book value and a weak long-term fundamental strength, which raises concerns about its sustainability. The company has reported positive results for the last three consecutive quarters, with net sales and profit after tax showing improvements, and institutional holdings have increased, indicating confidence from larger investors.
In the broader market context, Blue Pearl's short-term return of +10.35% over the past week contrasts sharply with the Sensex, which has declined by 1.42% during the same period. This significant outperformance highlights the stock's strength relative to the market. However, the company's high debt levels and negative book value present risks that could affect its long-term viability, despite the recent positive performance and institutional interest.