Why is Galaxy Cloud falling/rising?

As of 24-Jun, Galaxy Cloud Kitchens Ltd is experiencing a price increase, with the current price at 44.94, reflecting a rise of 0.88 or 2.0%. The stock has shown strong performance recently, gaining 10.34% over the past week and 19.24% over the past month, significantly outperforming the Sensex, which has only increased by 0.58% and 0.41% in the same periods, respectively. Despite this positive momentum, there are concerns regarding falling investor participation, as evidenced by a dramatic decline in delivery volume. The company has reported very positive results, including a 97.07% growth in net sales and consistent positive results over the last three quarters, although it faces challenges such as a negative book value and high debt levels, which may impact long-term investor confidence.
In the broader market context, Galaxy Cloud's recent performance stands out against the benchmark, with its short-term returns significantly exceeding those of the Sensex. While the stock has generated a modest return of 0.54% over the past year, it has seen substantial growth in net sales and profits, indicating a potential turnaround. However, the company's high debt-to-equity ratio and negative book value suggest underlying risks that could affect its long-term stability. Overall, while the stock is currently rising due to strong short-term performance and positive sales growth, the long-term outlook remains uncertain due to fundamental weaknesses.