Why is Maris Spinners falling/rising?

As of 24-Jul, Maris Spinners Ltd is experiencing a price increase, currently at Rs 41.57, reflecting a rise of 1.7 or 4.26%. The stock has shown strong performance today, outperforming its sector by 4.24% and opening with a gain of 2.83%. It reached an intraday high of Rs 44.91, marking a 12.64% increase. Over the past week, the stock has risen by 5.24%, and over the past month, it has increased by 12.35%. However, there are concerns regarding its long-term fundamentals, as the company has a high debt level and has shown poor growth in operating profit over the last five years. Despite positive results in the latest six months, including a higher PAT and ROCE, the stock's high debt and negative operating profits present risks that could affect investor sentiment.
In the broader market context, Maris Spinners has outperformed the Sensex, which has seen a slight decline of 0.09% over the past week, while the stock has gained significantly. The stock's year-to-date return of 9.39% also surpasses the Sensex's 5.18% return. This indicates that, despite the company's underlying risks, investor interest may be buoyed by its recent performance and positive short-term results, contributing to the stock's upward movement. However, the falling delivery volume suggests a potential decrease in investor participation, which could impact future price stability.