Why is Organic Coatings falling/rising?

As of 02-Jul, Organic Coatings Ltd is experiencing a price increase, currently at 15.82, reflecting a rise of 0.75 or 4.98%. The stock has shown strong performance recently, gaining 15.64% over the past week and outperforming its sector by 6.25% today. However, despite these short-term gains, the company faces significant challenges, including a high debt-to-equity ratio of 10.2 times, indicating weak long-term fundamental strength. Negative financial results, such as a decline in net sales and operating profit over the last five years, along with a decrease in promoter confidence, where promoters have reduced their stake by 17.83%, contribute to a risky investment outlook.
In the broader market context, the stock's recent performance contrasts sharply with the Sensex, which has only increased by 0.79% over the past week. While Organic Coatings has outperformed the benchmark in the short term, its year-to-date performance remains negative at -16.16%, compared to the Sensex's positive return of 6.75%. This disparity highlights the stock's volatility and the potential risks associated with its high debt levels and declining profitability, despite its recent price rise.