Why is Gayatri Highways falling/rising?

As of 26-Sep, Gayatri Highways Ltd's stock price is currently at Rs. 3.59, reflecting an increase of 0.17 or 4.97%. The stock has recently hit a new 52-week high and has been on a consecutive gain streak for the last 13 days, resulting in a remarkable 75.98% return during this period. Additionally, the stock has outperformed its sector by 5.1% today. Over the past year, Gayatri Highways has generated a return of 162.04%, significantly outperforming the BSE500 index in both the short and long term. However, the company faces challenges such as a negative book value and high debt levels, which may impact its long-term growth potential.
Broader market context indicates that while Gayatri Highways has shown impressive short-term performance, the broader market, represented by the Sensex, has declined by 2.66% over the past week. This stark contrast highlights the stock's strong resilience and investor interest despite the overall market conditions. The rising investor participation, evidenced by a significant increase in delivery volume, suggests a growing confidence in the stock, even as concerns about its fundamental weaknesses, such as negative EBITDA and high promoter share pledges, linger.