Why is Malu Paper falling/rising?

As of 23-Jun, Malu Paper Mills Ltd's stock price is currently at Rs 41.53, reflecting an increase of Rs 3.13 or 8.15%. The stock has shown strong performance today, outperforming its sector by 8.89% and achieving a consecutive gain over the last two days with a total return of 9.72%. It opened with a significant gain of 5.47% and reached an intraday high of Rs 42.6, which is a 10.94% increase. However, despite the positive short-term performance, the company faces challenges such as high debt levels indicated by a Debt-Equity Ratio of 136.01 times, poor long-term growth with net sales growing at only 4.18% annually, and negative EBITDA, which may contribute to a perception of risk among investors.
In the broader market context, Malu Paper Mills has outperformed the benchmark Sensex over the past week and month, with returns of 6.13% and 4.43%, respectively, compared to the Sensex's minimal gains of 0.12% and 0.22%. However, the stock's year-to-date performance is concerning, showing a decline of 8.00% against the Sensex's increase of 4.81%. While the stock has generated a return of 13.13% over the past year, this is juxtaposed with a significant drop in profits, which have fallen by 1302%, indicating that despite recent gains, the company's long-term fundamentals may be weak, potentially affecting investor sentiment moving forward.