Why is Coffee Day Enter falling/rising?

As of 09-Oct, Coffee Day Enterprises Ltd is experiencing a price increase, currently at Rs 42.81, reflecting a rise of 2.03 (4.98%). Today's price summary indicates that the stock outperformed its sector by 5.18%, reaching an intraday high of Rs 42.81 while touching a low of Rs 39.5. Over the past week, the stock has shown a positive return of 3.36%, although it has declined by 8.13% over the past month. Despite a significant drop in profits of -181.6% over the past year, the stock has still managed to generate an 18.72% return, outperforming the broader market, which has seen negative returns. The company’s valuation appears attractive, trading at a discount compared to its peers, but it also faces challenges such as weak long-term fundamental strength and a high percentage of pledged promoter shares.
In the broader market context, Coffee Day Enterprises Ltd has outperformed the BSE500 index, which has generated negative returns of -1.92% over the last year. The stock's recent performance is bolstered by rising investor participation, as indicated by a 10.17% increase in delivery volume compared to the 5-day average. However, the company's weak ability to service its debt and the negative results over the last four consecutive quarters may pose risks to its future performance. Overall, while the stock is currently rising, it is essential to consider the underlying financial challenges that could impact its sustainability.