Why is Naturite Agro falling/rising?

As of 24-Jun, Naturite Agro Products Ltd is experiencing a price increase, currently at Rs 330.00, reflecting a rise of Rs 15.05 or 4.78%. The stock has shown strong performance today, outperforming its sector by 4.38% and has gained consecutively over the last three days, with a total return of 11.86% during this period. The stock opened with a gain of 4.92% and reached an intraday high of Rs 330.45. Despite a wide trading range, the stock is currently trading above its moving averages, indicating positive momentum. However, the company faces challenges, including operating losses and a weak ability to service its debt, which may temper investor enthusiasm despite its impressive one-year return of 294.03%.
In the broader market context, Naturite Agro's short-term performance has significantly outpaced the benchmark, with a one-week return of 10.07% compared to the Sensex's 0.58%. This stark contrast highlights the stock's strong market-beating performance, particularly in the short term. However, the company’s long-term fundamentals remain weak, as indicated by its negative EBITDA and declining profitability, which could pose risks to sustained price increases. While the stock has shown remarkable returns year-to-date and over the past year, the underlying financial challenges suggest that caution may be warranted for long-term investors.