Why is NACL Industries falling/rising?

As of 04-Aug, NACL Industries Ltd is experiencing a price increase, currently at Rs 321.85, reflecting a rise of 14.0 points or 4.55%. The stock has shown strong performance today, outperforming its sector by 3.12%, despite opening with a loss of 2.55%. It reached an intraday high of Rs 321.85 and a low of Rs 300. The stock has been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Over the past week, NACL Industries has gained 17.68%, and its year-to-date return stands at an impressive 382.24%. However, it is important to note that the company has faced challenges, including a significant decline in operating profits over the last five years and negative EBITDA, which raises concerns about its long-term fundamental strength.
In the broader market context, NACL Industries' short-term performance has significantly outpaced the benchmark Sensex, which has only increased by 0.16% over the past week. The stock's strong returns in both the short and long term, coupled with increased participation from institutional investors, suggest a favorable outlook despite underlying risks. While the company has generated substantial returns over the past year, its financial health remains a concern due to weak operating profits and high debt levels, which could impact future performance.