Why is Oswal Overseas falling/rising?

As of 09-Jul, Oswal Overseas Ltd's stock price is currently at Rs. 32.75, reflecting an increase of Rs. 0.64 or 1.99%. The stock has reached a new 52-week and all-time high today, and it has outperformed its sector by 2.33%. Over the past 21 days, the stock has shown a remarkable gain of 50.85%, and it is trading above all key moving averages, indicating strong momentum. Despite this positive price action, the company faces significant challenges, including a negative book value and a weak long-term fundamental strength, as evidenced by a decline in net sales and operating profit over the last five years. The company has reported negative results for the last five consecutive quarters, which raises concerns about its profitability and growth potential.
In the broader market context, Oswal Overseas has significantly outperformed the benchmark Sensex, with a one-week return of +10.31% compared to the Sensex's +0.15%, and a one-month return of +53.83% against the Sensex's +1.32%. This strong performance in the short term contrasts sharply with the company's long-term financial difficulties, including a high debt-to-equity ratio and declining sales. While the stock has generated impressive returns year-to-date and over the past year, the underlying financial issues suggest that investors should remain cautious despite the recent price increases.