Why is High Street Fila falling/rising?

As of 12-Jun, High Street Filatex Ltd's stock price is currently at Rs 163.85, reflecting an increase of Rs 7.8 or 5.0%. The stock has shown strong performance today, outperforming its sector by 6.01% and has been on a consecutive gain streak for the last seven days, accumulating a total return of 28.71% during this period. Additionally, the stock opened with a gain of 4.97% today and reached an intraday high of Rs 163.85. Over the past year, the stock has generated an impressive return of 177.01%, significantly higher than the market's average return of 4.18%. However, it is important to note that the company is facing challenges such as operating losses and a weak ability to service its debt, which may raise concerns among investors despite the recent price increase.
In the broader market context, High Street Filatex Ltd has outperformed the Sensex, which has only seen a marginal increase of 0.31% over the past week. The stock's strong short-term performance, particularly its 23.80% return over the last week, contrasts sharply with the benchmark's lackluster performance. While the stock's recent gains are notable, the underlying issues such as negative EBITDA and reported losses could pose risks for long-term investors, suggesting that the stock's rising price may not be fully supported by its fundamental financial health.