Why is Muller & Phipps falling/rising?

As of 20-Jun, Muller & Phipps (India) Ltd is experiencing a price increase, currently at Rs 281.95, reflecting a rise of Rs 21.95 or 8.44%. The stock has outperformed its sector by 6.28% today and reached an intraday high of Rs 285, indicating strong short-term momentum. Over the past week, the stock has gained 9.60%, and in the last month, it has risen by 23.18%. However, despite this recent uptick, the company faces significant challenges, including a negative book value and a weak long-term fundamental strength, with net sales growing at only 10.36% annually and a troubling operating profit decline of 164.31% over the last five years. The stock's high debt levels, reflected in a debt-to-equity ratio of 0, and negative EBITDA further contribute to its risky profile.
Broader market context shows that while Muller & Phipps has performed well in the short term, it has underperformed the broader market over the past year, with a return of -9.63% compared to the BSE 500's gain of 2.60%. The stock's recent performance is buoyed by rising investor participation, as evidenced by a significant increase in delivery volume, which rose by 58.76% against the five-day average. Despite the positive short-term movements, the company's long-term outlook remains precarious due to its financial instability and poor growth metrics, which could impact investor sentiment moving forward.