Why is Lakhotia Poly. falling/rising?

As of 13-Aug, Lakhotia Polyesters (India) Ltd is experiencing a price increase, currently at Rs 44.45, reflecting a rise of 2.45 (5.83%). The stock has shown strong performance today, outperforming its sector by 5.49% and has been on a consecutive gain streak for the last three days, accumulating a total return of 8.02% during this period. Additionally, the stock opened with a significant gain of 7.14% today and reached an intraday high of Rs 45. The company has reported positive results over the last four consecutive quarters, with net sales growing by 134.03% and a staggering growth of 1,337.50% in profit after tax. However, it is important to note that the company has a weak long-term fundamental strength, indicated by a -196.34% CAGR growth in operating profits over the last five years and a high debt to EBITDA ratio, which raises concerns about its ability to service debt.
In the broader market context, Lakhotia Polyesters has outperformed the benchmark Sensex in both the short term and long term, with a 1-week return of +5.81% compared to the benchmark's -0.01%. The stock has also outperformed the Sensex over the past month and year, indicating strong relative performance. Despite this, the overall market sentiment may be cautious due to the company's negative EBITDA and reported losses, which could affect investor confidence. Nonetheless, the stock's recent gains suggest that investors are currently responding positively to its strong sales growth and consistent quarterly performance.