Why is Restile Ceramics falling/rising?

As of 02-Jul, Restile Ceramics Ltd is experiencing a price increase, currently at 7.89, reflecting a change of 0.43 or 5.76% upward. The stock has shown strong performance, outperforming the sector by 3.96% today and trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has gained 11.13%, and in the last month, it has surged by 33.73%. However, there are concerns regarding falling investor participation, as the delivery volume has decreased by 3.95% compared to the 5-day average. Despite generating a significant return of 53.20% over the past year, the company faces challenges such as a negative book value and a high debt-to-equity ratio, indicating weak long-term fundamental strength.
In the broader market context, Restile Ceramics has significantly outperformed the benchmark, with a 1-year return of 53.20% compared to the Sensex's 5.00%. This strong performance is notable, especially as the stock has consistently beaten the BSE500 over various time frames, including the last three years. However, the company's long-term growth is hindered by declining net sales and a negative EBITDA, which raises concerns about its sustainability despite recent gains. Overall, while the stock is rising in the short term, the underlying financial weaknesses may pose risks for future performance.