Why is BSL falling/rising?

As of 02-Jul, BSL Ltd's stock price is currently at Rs 154.90, reflecting an increase of Rs 7.35, or 4.98%. The stock has shown a strong performance today, outperforming its sector by 4.76% and achieving a consecutive gain over the last four days, with a remarkable 17.97% return in that period. Despite a year-to-date decline of 43.24% and a one-year return of -22.00%, the stock is trading at a discount compared to its peers' average historical valuations. However, it faces challenges such as high debt levels and weak long-term fundamental strength, which may impact investor sentiment.
In the broader market context, BSL's short-term performance significantly outpaces the Sensex, which has only risen by 0.79% over the past week. While the stock has shown positive momentum recently, it has underperformed the benchmark over longer periods, including a -22.00% return in the last year compared to the Sensex's 6.75% gain year-to-date. The company's high debt and declining profitability, evidenced by a -27.3% drop in profits over the past year, suggest that while the stock is experiencing a short-term rally, its long-term outlook remains uncertain.