Why is Ludlow Jute falling/rising?

As of 04-Jul, Ludlow Jute & Specialities Ltd is experiencing a price increase, currently at 459.90, which reflects a rise of 21.9 or 5.0%. The stock has hit a new 52-week and all-time high today, and it has been on a consecutive gain streak for the last eight days, accumulating a total return of 40.41% during this period. Additionally, the stock has significantly outperformed the sector by 4.18% today. Over the past year, Ludlow Jute has generated an impressive return of 437.58%, and it has consistently outperformed the BSE500 index over various time frames, including 1 year and 3 years. However, despite this strong performance, the company faces challenges such as a high Debt to EBITDA ratio and weak long-term fundamental strength, with a significant decline in operating profits over the last five years.
In the broader market context, while Ludlow Jute has shown remarkable short-term performance with a 27.48% increase over the past week, the benchmark Sensex has declined by 0.74% during the same period. This stark contrast highlights the stock's resilience and attractiveness to investors despite underlying financial concerns. The company's ability to maintain liquidity and its position above various moving averages further support its recent price movement. However, the falling investor participation, indicated by a decrease in delivery volume, suggests that caution may be warranted moving forward, as the stock's high returns have not been matched by a proportional increase in profitability.