Why is C J Gelatine falling/rising?

As of 04-Jul, C J Gelatine Products Ltd is experiencing a price increase, currently at 17.33, which reflects a rise of 0.82 or 4.97%. The stock has shown a strong performance today, outperforming its sector by 5.13% and has gained consecutively over the last three days, accumulating a total return of 11.73% during this period. However, despite this recent uptick, the stock has a concerning year-to-date return of -33.80% and has underperformed against the benchmark over the past year with a -20.14% return. The company has a high debt level and weak long-term fundamentals, with operating profits declining at an annual rate of -7.67% over the last five years, which may contribute to investor caution despite the current price rise.
In the broader market context, the stock's short-term performance of +6.98% over the past week contrasts sharply with the Sensex, which has declined by -0.74% during the same period. This indicates that while C J Gelatine is gaining traction in the short term, it has consistently underperformed against the benchmark over the last three years. The company's high debt and declining profitability, alongside a significant drop in delivery volume, suggest that the recent gains may not be sustainable in the long run, as investor participation appears to be waning.