Why is Jetking Infotrai falling/rising?

As of 24-Jun, Jetking Infotrain Ltd's stock price is rising, currently at Rs. 180.20, reflecting an increase of Rs. 3.5 or 1.98%. The stock has recently hit a new 52-week high and has been on a consecutive gain streak for the last nine days, accumulating a total return of 17.62% during this period. Additionally, the stock has outperformed the sector by 1.39% today. Over the past year, Jetking Infotrain has delivered impressive returns of 216.92%, significantly outperforming the BSE 500 index over the same timeframe. However, despite these positive short-term movements, the company faces challenges, including operating losses and weak long-term fundamental strength, as indicated by a poor EBIT to Interest ratio of -4.75 and slow growth in net sales.
In the broader market context, Jetking Infotrain's short-term performance is notably strong, with a weekly return of 10.32% compared to the Sensex's modest gain of 0.58%. This trend of outperformance is consistent across various timeframes, including a 34.58% return over the past month and a remarkable 346.04% over three years. However, the stock's rising price is tempered by concerns regarding its long-term viability, as evidenced by its weak operating profits and a low PEG ratio of 0.2, suggesting that while the stock is currently performing well, its underlying financial health may pose risks for future growth.