Why is Padmanabh Inds. falling/rising?

As of 26-Jun, Padmanabh Industries Ltd is experiencing a price increase, with its current price at 9.22, reflecting a rise of 0.18 or 1.99%. The stock has shown a trend reversal, gaining after six consecutive days of decline. Despite a recent drop of 2.33% over the past week, it has managed a slight increase of 0.22% over the last month. The stock's performance today outperformed its sector by 2.08%, although there is a noted decline in investor participation, with delivery volume falling by 38.47% against the five-day average. While the company has reported positive quarterly results, including the highest PBDIT and PAT figures, it also faces challenges such as a negative book value and high debt levels, which contribute to its perceived riskiness.
In the broader market context, the stock's short-term performance has lagged behind the benchmark, with the Sensex gaining 2.94% over the past week. However, Padmanabh Industries has outperformed the BSE 500 in the long term, generating a return of 16.71% over the past year compared to the benchmark's 6.46%. Despite these positive long-term returns, the company's weak long-term fundamental strength and high debt levels raise concerns about its sustainability, which may influence investor sentiment and contribute to the stock's volatility.