Why is Manor Estates falling/rising?

As of 03-Jul, Manor Estates & Industries Ltd is experiencing a price increase, with the current price at 7.35, reflecting a rise of 0.35 or 5.0%. The stock has been gaining momentum, having outperformed its sector by 4.7% today and achieving an 8.73% return over the last two days. Despite a significant decline of 20.45% over the past month and a year-to-date drop of 50.84%, the stock has shown remarkable performance over the past year with an 89.43% increase. However, it is important to note that the company has a negative book value and high debt levels, which contribute to its weak long-term fundamental strength, despite the impressive short-term gains.
In the broader market context, the stock's recent performance contrasts sharply with the Sensex, which has declined by 0.62% over the past week. While Manor Estates has generated a return of 5.76% in the same timeframe, the stock's long-term outlook remains uncertain due to its negative book value and high debt-to-equity ratio. The stock's liquidity is adequate for trading, but its historical valuations suggest it is trading at a risky level. Overall, while the short-term gains are notable, the underlying financial challenges could pose risks for future performance.