Why is Blue Pearl Agri falling/rising?

As of 04-Aug, Blue Pearl Agriventures Ltd is experiencing a price increase, currently at 83.56, reflecting a rise of 1.63 or 1.99%. The stock has shown strong performance, gaining 51.29% over the past month and outperforming its sector by 0.99% today. It has been on a consecutive gain streak for the last 21 days, trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Positive financial results over the last three quarters, including higher net sales and profit after tax, along with high institutional holdings at 23.23%, suggest strong investor confidence. However, the company also faces challenges, such as a negative book value and high debt levels, which indicate weak long-term fundamental strength.
In the broader market context, Blue Pearl Agriventures Ltd has significantly outperformed the benchmark Sensex, which has seen a decline of 2.89% over the past month, while the stock has risen by 51.29%. This stark contrast highlights the stock's strong short-term performance relative to the market. Despite the positive momentum, the company's high debt-to-equity ratio and negative book value present risks that could affect its long-term viability, making it a stock that investors should approach with caution.