Why is RRP Defense falling/rising?

As of 18-Sep, RRP Defense Ltd's stock price is rising, currently at Rs 512.75, reflecting an increase of Rs 10.05 or 2.0%. The stock has reached a new 52-week and all-time high today and has been on a consecutive gain streak for the last 21 days, yielding a remarkable 51.39% return during this period. Additionally, the stock has significantly outperformed its sector by 2.76% today. Despite the company's operating losses and weak long-term fundamental strength, which include a poor EBIT to Interest ratio and declining net sales, the stock's extraordinary year-to-date return of 2549.87% and a one-year return of 2529.49% indicate strong market interest, although concerns about promoter confidence due to a decrease in their stake persist. In the broader market context, RRP Defense's short-term performance has outstripped the benchmark Sensex, which has only gained 1.80% over the past week. This stark contrast highlights the stock's exceptional market-beating performance, especially given that the BSE500 has generated negative returns of -1.96% in the last year. The rising investor participation, evidenced by an 894.51% increase in delivery volume, further underscores the stock's liquidity and appeal, despite the underlying financial challenges faced by the company.