Why is Eurotex Industri falling/rising?

As of 26-Jun, Eurotex Industries and Exports Ltd is experiencing a price increase, currently trading at 16.25, which reflects a rise of 0.65 or 4.17%. The stock has shown strong performance recently, gaining 12.61% over the past week and outperforming its sector by 3.25% today. It has been on a consecutive gain streak for the last five days, and it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. However, despite these positive indicators, the company has a negative book value and a weak long-term fundamental strength, with net sales declining at an annual rate of -51.32% over the last five years, which could pose risks to its future performance.
In the broader market context, Eurotex's short-term return of 12.61% over the past week significantly outpaces the Sensex's return of 2.94% during the same period. While the stock has shown positive momentum recently, it is important to note that it has a negative EBITDA and high debt levels, which may affect investor confidence in the long term. The stock's performance over the past year, generating a return of 12.46%, contrasts with the Sensex's 6.46% increase, indicating that while Eurotex is currently rising, its long-term outlook remains uncertain due to fundamental weaknesses.