Why is C C C L falling/rising?

As of 25-Aug, Consolidated Construction Consortium Ltd (CCCL) is experiencing a price increase, currently at Rs 19.86, reflecting a rise of 1.97 or 11.01%. The stock has shown strong performance today, outperforming its sector by 11.01% and has gained 33.74% over the last two days. It opened with a gain of 3.63% and reached an intraday high of Rs 20.94, although it also saw a low of Rs 17. The stock has been highly volatile today, with an intraday volatility of 8.27%. Despite this positive movement, the company faces challenges such as operating losses, a weak long-term fundamental strength, and a high debt-to-equity ratio of 2.30 times, which could impact investor sentiment. Additionally, the company has reported poor growth in net sales and operating profit over the last five years, and domestic mutual funds hold no stake in the company, indicating a lack of confidence in its long-term prospects.
In the broader market context, CCCL's short-term performance has significantly outpaced the benchmark Sensex, which has only increased by 0.45% over the past week, while CCCL has surged by 28.71%. This stark contrast highlights the stock's strong momentum relative to the market. However, the company's recent financial results, including a substantial drop in profit before tax and a negative EBITDA, raise concerns about its sustainability. While the stock's current rise may attract short-term traders, the underlying financial weaknesses could pose risks for long-term investors.