Why is Ludlow Jute falling/rising?

As of 27-Jun, Ludlow Jute & Specialities Ltd is experiencing a price increase, currently at Rs 360.75, which reflects a rise of Rs 17.15 or 4.99%. The stock has recently hit a new 52-week and all-time high today, outperforming its sector by 4.26%. It has shown a strong performance over the past week with a gain of 7.73%, and over the last month, it has surged by 37.17%. However, despite these positive movements, there are concerns regarding the company's long-term fundamentals, including a significant decline in operating profits and a high debt-to-EBITDA ratio, which may affect investor sentiment.
In the broader market context, Ludlow Jute's short-term performance has significantly outpaced the benchmark Sensex, which has only increased by 2.00% over the same week. The stock's impressive returns over the past year, at 329.46%, highlight its strong market position compared to the Sensex's 6.08% increase. Nonetheless, the company's weak fundamentals, including a negative growth in operating profits and low return on equity, present risks that could impact future performance despite the current upward trend in stock price.