Why is Indsil Hydro falling/rising?

As of 30-Jun, Indsil Hydro Power & Manganese Ltd's stock price is currently at 62.97, reflecting an increase of 6.59, or 11.69%. The stock has shown strong performance recently, gaining 36% over the last four days and outperforming its sector by 10.29% today. It reached an intraday high of Rs 65.7, although it also experienced a low of Rs 55. The stock has been trading above its moving averages for various periods, indicating a positive trend. However, the company faces significant challenges, including operating losses and a high Debt to EBITDA ratio of 3.07, which raises concerns about its long-term fundamental strength. Despite a return of 6.31% over the past year, the company's profitability remains low, as evidenced by a negative EBITDA and substantial declines in profit before tax and profit after tax.
In the broader market context, Indsil Hydro's short-term performance has significantly outpaced the benchmark Sensex, which has only increased by 2.09% over the past week. The stock's year-to-date return of 27.26% also surpasses the Sensex's 7.00% increase. This strong relative performance may be attracting investor interest, as indicated by a notable rise in delivery volume. However, the company's weak financial fundamentals and high volatility suggest that while the stock is currently rising, it carries inherent risks that could impact its future performance.