Why is Navkar Corporat. falling/rising?

As of 10-Jun, Navkar Corporation Ltd is experiencing a price increase, currently at Rs 118.65, reflecting a rise of 4.8 or 4.22%. The stock has shown strong performance today, outperforming its sector by 3.83% and achieving a consecutive gain over the last five days, with a total return of 9.56% during this period. The stock reached an intraday high of Rs 119.35, and investor participation has increased significantly, with delivery volume rising by 82.52% compared to the five-day average. Despite these positive movements, the stock's technical trend remains sideways, indicating no clear price momentum, and it has a weak long-term fundamental strength due to operating losses and low profitability metrics.
In the broader market context, Navkar Corporation's recent performance has been notably strong compared to the benchmark, with a 1-week return of 9.56% against the Sensex's 2.05%. While the stock has outperformed the benchmark in the short term, it has a negative year-to-date return of -28.35% compared to the Sensex's positive 5.44%. The company faces challenges, including significant operating losses and a weak ability to service its debt, which may pose risks despite its recent gains. Overall, while the stock is rising in the short term, underlying financial weaknesses could impact its long-term stability.