Why is Prabha Energy falling/rising?

As of 26-Jun, Prabha Energy Ltd's stock price is rising, currently at Rs 297.20, reflecting an increase of Rs 14.5 or 5.13%. The stock has shown strong performance recently, gaining 19.84% over the last six days and outperforming its sector by 3.66% today. It opened with a significant gain of 5.93% and reached a new intraday high of Rs 306.6. Additionally, the stock has demonstrated impressive returns over the past week and month, with increases of 17.61% and 32.98%, respectively. However, despite these positive movements, the company faces challenges, including operating losses and a weak long-term fundamental strength, as indicated by a high Debt to EBITDA ratio and declining operating profits.
In the broader market context, Prabha Energy's short-term performance significantly outpaces the benchmark Sensex, which has only risen by 2.94% over the past week. While the stock is currently liquid enough for trading, the underlying financial issues, such as negative EBITDA and a substantial drop in profits over the past year, suggest that the stock's rise may not be sustainable in the long term. Investors should be cautious, as the company's weak fundamentals could pose risks despite the recent price gains.