Why is Guj Apollo Inds falling/rising?

As of 21-Jul, Gujarat Apollo Industries Ltd is experiencing a price increase, with its current price at Rs 470.95, reflecting a rise of Rs 20.95 or 4.66%. The stock has recently hit a new 52-week and all-time high of Rs 478.7, outperforming its sector by 3.68%. Over the last four days, the stock has gained 20.25%, and its performance over the past year shows a substantial return of 79.27%. However, the company has reported operating losses and negative results for the last five consecutive quarters, which raises concerns about its long-term fundamental strength and ability to service its debt. Despite these challenges, the stock's recent upward movement can be attributed to its strong short-term performance and market-beating returns. In the broader market context, Gujarat Apollo Industries Ltd has significantly outperformed the Sensex, with a 1-week return of +17.15% compared to the benchmark's -0.06%. This trend continues over the 1-month and year-to-date periods, where the stock shows returns of +29.85% and +45.09%, respectively, while the Sensex has seen minimal growth. The stock's liquidity remains adequate for trading, although there has been a decline in investor participation, as indicated by a drop in delivery volume. Overall, while the stock is rising in the short term, the underlying financial challenges and weak fundamentals present a complex picture for potential investors.