Why is P.M. Telelinnks falling/rising?

As of 16-Sep, P.M. Telelinnks Ltd's stock price is currently at Rs. 9.58, reflecting an increase of 0.45 (4.93%). The stock has recently hit a new 52-week high and has been on a positive trajectory, gaining for the last nine days with a total return of 54.27% during this period. Additionally, the stock has outperformed its sector by 5.18% today and is trading above all key moving averages. However, despite these positive indicators, the company faces challenges such as operating losses and a weak ability to service its debt, which could impact long-term investor sentiment.
In the broader market context, P.M. Telelinnks has significantly outperformed the benchmark Sensex, which has only increased by 1.58% over the past week, compared to the stock's impressive 27.22% gain. While the stock has shown remarkable returns of 86.38% over the past year, the overall market (BSE500) has generated negative returns of -2.93% during the same timeframe. This contrast highlights the stock's strong performance despite broader market challenges, although concerns regarding its profitability and valuation remain pertinent.