Why is Century Plyboard falling/rising?

As of 04-Sep, Century Plyboards (India) Ltd is experiencing a price increase, currently at 785.15, reflecting a rise of 5.45 or 0.7%. The stock has shown a strong performance recently, gaining 7.78% over the past week and 4.17% over the last month, while it has been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. However, there is a notable decline in investor participation, with delivery volume falling by 41.56% compared to the 5-day average. Despite the stock's recent gains, it has faced challenges, including a negative return of -1.55% over the past year and a significant profit decline of -28.1%. The company has also reported negative results for the last seven consecutive quarters, which may weigh on investor sentiment.
In the broader market context, Century Plyboards has outperformed the Sensex, which has only gained 0.80% over the past week, while the stock has risen significantly. The company's high management efficiency, indicated by a return on equity (ROE) of 15.65% and a low debt-to-EBITDA ratio of 0.92 times, supports its valuation, as it trades at a discount compared to its peers. However, the low inventory turnover ratio and the highest debt-equity ratio in recent history could raise concerns among investors. The high institutional holdings at 22.35% suggest that informed investors are backing the stock, which may contribute to its recent upward movement despite the underlying negative financial results.