Why is Gini Silk Mills falling/rising?

As of 10-Jul, Gini Silk Mills Ltd is experiencing a significant rise in its stock price, currently at 125.30, reflecting an increase of 14.18 or 12.76%. The stock has outperformed its sector by 13.06% today and has shown a remarkable consecutive gain over the last three days, accumulating a total return of 63.47%. It opened with a gain of 9.7% and reached an intraday high of Rs 129.88. Despite this positive short-term performance, the company faces challenges with its long-term fundamentals, including a weak CAGR growth in operating profits of -39.78% over the last five years and a low return on equity of 2.76%, indicating low profitability per unit of shareholder funds. Additionally, the stock has underperformed in the past year, generating a return of -20.60%, while its profits have declined by -32.3%.
In the broader market context, Gini Silk Mills has significantly outperformed the Sensex in the short term, with a 1-week return of +56.59% compared to a negligible change of -0.06% for the benchmark. However, the stock's year-to-date performance remains negative at -5.72%, contrasting with the Sensex's positive return of +6.46%. This disparity highlights the stock's volatility and the potential for speculative trading, driven by rising investor participation, as evidenced by a substantial increase in delivery volume. Despite the recent gains, the company's weak long-term fundamentals and historical underperformance suggest caution for investors considering the stock's future trajectory.