Why is Malu Paper falling/rising?

As of 25-Aug, Malu Paper Mills Ltd is experiencing a price increase, currently at Rs 42.15, reflecting a rise of Rs 4.5 or 11.95%. The stock has outperformed its sector today by 2.94%, reaching an intraday high of Rs 45.18, which is a 20% increase. Over the past week, the stock has gained 11.36%, while its performance over the last month shows a 4.46% increase. However, despite these short-term gains, the company faces significant challenges, including a negative book value and a weak long-term fundamental strength, with net sales growing at only 10.09% annually over the last five years and a debt-to-equity ratio averaging 0 times. The recent quarterly results have also been disappointing, with a PAT of Rs -6.15 crore, indicating a substantial decline in profitability.
In the broader market context, while the stock has shown positive short-term returns, it has underperformed the market over the last year, with a decline of 15.40% compared to the BSE500's negative return of 2.11%. The paper and paper products sector has gained 9.18%, which may have contributed to the stock's recent upward movement. However, the company's high debt levels and negative EBITDA suggest that the stock remains risky compared to its historical valuations, which could impact investor sentiment moving forward.