Why is C J Gelatine falling/rising?

As of 23-Jul, C J Gelatine Products Ltd is experiencing a price increase, currently at 17.71, which reflects a change of 0.84 or 4.98% upward. The stock has shown a positive performance today, outperforming its sector by 5.29% and has gained consecutively for the last two days, resulting in a total return of 5.35% during this period. Despite a year-to-date decline of 32.35% and a one-year return of -14.73%, the stock's recent movement is supported by a significant increase in delivery volume, which rose by 274.72% against the five-day average, indicating rising investor participation. However, the company faces challenges, including high debt levels and a poor long-term growth outlook, with operating profit declining at an annual rate of -7.67% over the last five years.
In the broader market context, the stock's short-term performance of +0.23% over the past week outpaces the benchmark Sensex, which has increased by only +0.11%. While the stock has struggled in the long term, underperforming both the BSE500 and its peers, its current valuation appears attractive as it trades at a discount compared to historical averages. Nonetheless, the company's weak fundamentals, including a high debt-to-equity ratio and a low return on equity, suggest that the recent price rise may not be sustainable without significant improvements in its operational performance.