Why is Euro Asia Export falling/rising?

As of 11-Jun, Euro Asia Exports Ltd is experiencing a rise in its stock price, currently at Rs. 131.70, reflecting an increase of 2.55 (1.97%). The stock has been on a positive trajectory, gaining for the last 21 consecutive days and achieving a remarkable return of 51.12% during this period. It has also reached a new 52-week and all-time high today. In terms of performance, the stock has significantly outperformed the sector by 2.16% and has generated an impressive return of 822.27% over the past year, far exceeding the BSE 500 market returns of 5.98%. However, it is important to note that the company has not declared results in the last six months, which raises concerns about its long-term fundamental strength.
In the broader market context, the stock's short-term performance of +10.26% over the past week is notably higher than the Sensex's gain of +1.87%. This strong performance is supported by bullish technical indicators, including MACD and Bollinger Bands. Despite these positive factors, the company faces challenges such as a high Debt to EBITDA ratio and a low ability to service debt, which could impact investor sentiment in the long run. The recent decline in investor participation, with delivery volume dropping significantly, may also suggest caution among traders despite the stock's current upward momentum.