Why is Ludlow Jute falling/rising?

As of 07-Jul, Ludlow Jute & Specialities Ltd is experiencing a price increase, with its current price at Rs. 482.85, reflecting a rise of 22.95 (4.99%). The stock has reached a new 52-week and all-time high today, outperforming its sector by 5.65%. It has shown impressive performance over the past week, gaining 27.54%, and over the last month, it has surged by 77.52%. Despite these gains, 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 pose risks to its future performance.
In the broader market context, while Ludlow Jute has outperformed the Sensex, which has seen a slight decline of 0.20% over the past week, the company's strong short-term returns highlight its market-beating performance. However, the stock's liquidity has been affected by a notable drop in delivery volume, indicating a potential decrease in investor participation. Despite the impressive returns over the past year, the company's weak fundamentals and negative operating profits suggest caution for investors considering the stock's long-term viability.