Why is Caspian Corporat falling/rising?

As of 17-Sep, Caspian Corporate Services Ltd is experiencing a significant rise in its stock price, currently at Rs 10.14, reflecting an increase of 1.69 or 20.0%. The stock has shown strong performance today, outperforming its sector by 19.47% and has been on a consecutive gain streak for the last three days, accumulating a total return of 41.82% during this period. It opened with a gap up of 5.68% and reached an intraday high of Rs 10.14. Despite this positive movement, the company faces challenges, including a weak long-term fundamental strength indicated by a -385.26% CAGR growth in operating profits over the last five years and a high Debt to EBITDA ratio of 3.49 times, which suggests low profitability and ability to service debt.
In the broader market context, Caspian's short-term performance is notably strong, with a 1-week return of +49.78%, significantly outpacing the Sensex's +1.56% during the same period. However, the stock has underperformed over the longer term, with a 1-year return of -40.87% compared to the Sensex's -0.46%. This stark contrast highlights the volatility and risk associated with the stock, especially given its negative EBITDA and a significant drop in profits over the past year. While the recent surge in stock price may attract investor interest, the underlying financial weaknesses could pose risks for sustained growth.