Why is Pankaj Polymers falling/rising?

As of 30-Jun, Pankaj Polymers Ltd is experiencing a price increase, with its current price at Rs 19.92, reflecting a rise of 0.92 or 4.84%. The stock is currently trading close to its 52-week high, just 3.31% away from Rs 20.58, and has outperformed its sector by 4.16%. Over the past week, the stock has shown a remarkable return of 11.66%, and over the last month, it has increased by 20.87%. However, despite these positive movements, there are concerns regarding the company's long-term fundamentals, as it has reported operating losses and a negative EBITDA, which may affect investor confidence.
In the broader market context, Pankaj Polymers has significantly outperformed the Sensex, which has only increased by 2.09% over the past week and 2.65% over the past month. The stock's year-to-date return stands at an impressive 82.75%, compared to the Sensex's 7.00%. While the stock has shown strong short-term performance, the declining investor participation, evidenced by a 95.75% drop in delivery volume, raises questions about its sustainability. Additionally, the company's weak ability to service its debt and poor long-term growth metrics could pose risks to its future performance, despite its recent gains.