Why is Sampre Nutrition falling/rising?

As of 30-Jun, Sampre Nutritions Ltd's stock price is currently at 34.43, reflecting an increase of 0.67, or 1.98%. The stock has shown a strong performance recently, gaining 43.7% over the last 13 consecutive days and outperforming its sector by 1.93% today. In the past week, the stock has risen by 10.32%, and over the past month, it has increased by 27.57%. However, despite these short-term gains, the company faces significant challenges, including operating losses and a high Debt to EBITDA ratio of 5.01 times, indicating a weak long-term fundamental strength. The company has also reported negative earnings, with a PAT of Rs -7.35 crore, which has fallen drastically compared to previous quarters, contributing to a perception of risk among investors.
In the broader market context, while Sampre Nutritions Ltd has outperformed the Sensex in the short term, with a 10.32% return over the past week compared to the Sensex's 2.09%, it has significantly underperformed over the longer term. Year-to-date, the stock has declined by 45.95%, while the Sensex has gained 7.00%. This stark contrast highlights the stock's volatility and the challenges it faces in maintaining investor confidence, especially given its negative EBITDA and low return on equity of 1.71%. The majority of shareholders being non-institutional further complicates the stock's stability, as it may indicate a lack of institutional support during turbulent times.