Why is Eurotex Industri falling/rising?

As of 25-Jun, Eurotex Industries and Exports Ltd is experiencing a price increase, currently at 15.60, with a change of 0.1 (0.65%) upwards. The stock has shown a strong performance over the last four days, gaining 8.11% during this period, although it has underperformed its sector by 0.51% today. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Despite a negative book value and a weak long-term fundamental strength due to declining net sales and high debt, the company reported positive quarterly results, including a highest profit after tax of Rs 1.67 crore and an earnings per share of Rs 1.91, which may have contributed to the recent price rise.
In the broader market context, Eurotex's short-term return of 2.83% over the past week outperformed the Sensex, which increased by 1.61% during the same period. However, the stock has a year-to-date decline of 4.88%, contrasting with the Sensex's gain of 5.91%. This divergence suggests that while Eurotex is currently experiencing a positive momentum, its overall performance this year has been weaker compared to the broader market. The rising investor participation, indicated by an increase in delivery volume, may also reflect growing interest in the stock despite its underlying risks.