Why is Blue Pearl Agri falling/rising?

As of 01-Aug, Blue Pearl Agriventures Ltd is experiencing a price increase, currently at 81.93, reflecting a rise of 1.6 or 1.99%. The stock has shown strong performance recently, gaining 51.3% over the last 21 days and outperforming its sector by 0.61% today. Additionally, the stock has outperformed the benchmark Sensex significantly over the past week and month, with returns of +10.37% and +57.41%, respectively. The company has also reported positive results for the last three consecutive quarters, with net sales growing dramatically and a higher profit after tax, which may contribute to the stock's upward movement. However, it is important to note that the company has a negative book value and high debt, indicating potential long-term risks.
In the broader market context, while Blue Pearl Agriventures Ltd has shown impressive short-term returns, the Sensex has declined by 1.06% over the past week and 3.70% over the past month. This stark contrast highlights the stock's strong performance relative to the broader market. Despite the positive short-term trends, the company's weak long-term fundamentals and high debt levels may pose risks that could affect future performance. The falling investor participation, as indicated by a significant drop in delivery volume, could also suggest caution among investors despite the recent gains.