Why is Malu Paper falling/rising?

As of 24-Jun, Malu Paper Mills Ltd is experiencing a slight increase in its stock price, currently at 41.54, with a change of 0.01 (0.02%) upward. The stock has shown a strong performance over the last three days, gaining 9.75%, although it underperformed its sector by 1.9% today. In terms of returns, the stock has increased by 8.01% over the past week and 4.45% over the past month, while it has a year-to-date decline of 7.98%. Despite these short-term gains, the company faces significant challenges, including a high debt-to-equity ratio of 136.01 times, which indicates weak long-term fundamental strength. Additionally, the company has reported negative EBITDA and poor long-term growth metrics, with net sales growing at an annual rate of only 4.18% and operating profit declining by 191.79% over the last five years.
In the broader market context, the Sensex has shown a modest increase of 0.58% over the past week and 0.41% over the past month, indicating that while Malu Paper Mills Ltd is performing well in the short term, it is still lagging behind the overall market trends. The paper and paper products sector has gained by 2.04%, suggesting a favorable environment for the industry, yet Malu Paper's high debt and negative profit trends raise concerns about its sustainability. The stock's recent rise may be attributed to increased investor participation, as evidenced by a significant rise in delivery volume, but the underlying financial weaknesses could pose risks for future performance.