Why is RRP Defense falling/rising?

As of 03-Nov, RRP Defense Ltd's stock price is rising, currently at Rs 927.65, reflecting an increase of Rs 18.15 or 2.0%. The stock has reached a new 52-week and all-time high today, outperforming its sector by 0.76%. It has shown remarkable performance over the past week, gaining 10.39%, and over the past month, it has surged by 48.47%. The stock has been on a consecutive gain streak for the last 21 days, accumulating a total return of 51.44% during this period. Additionally, promoter confidence has significantly increased, with a 72.89% rise in their stake, indicating strong belief in the company's future, despite the company facing operating losses and weak long-term fundamentals. In the broader market context, while RRP Defense has been performing exceptionally well, the benchmark Sensex has declined by 0.94% over the past week. This stark contrast highlights the stock's strength relative to the market. However, it is important to note that the company's financial health is concerning, with a poor EBIT to Interest ratio and declining net sales, which could pose risks in the long term. Despite these challenges, the stock's significant short-term gains and rising promoter confidence have contributed to its upward price movement.