Why is Ludlow Jute falling/rising?

As of 23-Jul, Ludlow Jute & Specialities Ltd is experiencing a price increase, currently at Rs 484.00, which reflects a rise of Rs 13.00 or 2.76%. The stock has shown strong performance today, outperforming its sector by 1.57% and reaching an intraday high of Rs 491, marking a 4.25% increase. Over the past week, the stock has gained 1.02%, and it has delivered impressive returns of 497.01% over the last year, significantly outperforming the BSE500 index. However, despite this strong price movement, the company faces challenges, including a -172.49% CAGR growth in operating profits over the last five years and a high Debt to EBITDA ratio of 28.05 times, indicating weak long-term fundamental strength.
In the broader market context, Ludlow Jute's short-term performance of +1.02% over the past week is notably better than the Sensex, which has only increased by 0.11%. This suggests that while the stock is currently rising, it is doing so in a market environment that is relatively stable. However, the stock's liquidity is a concern, as delivery volume has decreased significantly by 74.39% against the five-day average, indicating falling investor participation. Additionally, the lack of domestic mutual fund investment may reflect caution among institutional investors regarding the company's long-term viability despite its recent price gains.