Why is Kerala Ayurveda falling/rising?

As of 27-Jun, Kerala Ayurveda Ltd's stock price is rising, currently at Rs 585.00, reflecting an increase of Rs 47.4 or 8.82%. Today, the stock reached a new 52-week and all-time high of Rs 610, outperforming its sector by 7.94%. Over the past week, the stock has shown a remarkable return of 37.18%, and in the last month, it has increased by 41.27%. Despite these positive movements, the company faces challenges, including a high debt-to-equity ratio of 7.09 times and a significant decline in operating profit over the last five years. While the stock has generated an impressive return of 88.25% over the past year, its profitability has been negatively impacted, as indicated by a negative EBITDA and a substantial drop in PAT.
In the broader market context, Kerala Ayurveda's short-term performance significantly outpaces the benchmark Sensex, which has only increased by 2.00% over the past week. This stark contrast highlights the stock's strong momentum relative to the market. However, the falling investor participation, as evidenced by a 73.36% drop in delivery volume, raises concerns about the sustainability of this upward trend. Additionally, the low stake held by domestic mutual funds suggests a lack of confidence in the company's long-term fundamentals, which could pose risks to future price movements despite the current rise.