Why is John Cockerill falling/rising?

As of 22-Sep, John Cockerill India Ltd's stock price is rising, currently at 6,203.15, reflecting an increase of 881.6 or 16.57%. The stock has reached a new 52-week high of Rs. 6385.85 today and has shown strong performance, gaining 41.46% over the past week and 41.14% over the past month. Despite some concerning fundamentals, such as a negative CAGR growth in operating profits and weak profitability metrics, the stock's recent upward movement can be attributed to consistent returns over the last three years and significant investor participation, as evidenced by a 91.34% increase in delivery volume. However, the company's weak long-term fundamentals and negative EBITDA present risks that could affect future performance.
In the broader market context, John Cockerill's impressive short-term returns significantly outpace the benchmark Sensex, which has only increased by 0.46% over the past week. This stark contrast highlights the stock's strong momentum relative to the market. While the stock has been highly volatile, trading within a wide range and showing high trading volumes, its performance remains robust compared to the benchmark and other stocks in the sector. The combination of strong short-term gains and rising investor interest suggests a favorable outlook, despite the underlying financial challenges the company faces.