Why is Samrat Forgings falling/rising?

As of 01-October, Samrat Forgings Ltd is experiencing a significant rise in its stock price, currently at 310.00, reflecting an increase of 35.0 or 12.73%. The stock has shown strong performance recently, with a 14.81% gain over the past week and a 6.64% increase over the past month. Despite opening with a loss of 4.2% today, it has rebounded to touch an intraday high of Rs 320, indicating high volatility with an intraday range of Rs 56.55. However, the stock's long-term fundamentals are concerning, as it has high debt and weak growth metrics, with net sales and operating profit growing at only 8.56% and 9.90% annually over the last five years, respectively. Additionally, the company's ability to service its debt is weak, as indicated by a poor EBIT to Interest ratio of 1.88.
In the broader market context, while Samrat Forgings has outperformed the Sensex by 11.7% today, the benchmark index has seen a slight decline of 0.90% over the past week. This indicates that the stock's recent rise is not aligned with the overall market trend, which may reflect investor sentiment specifically towards Samrat Forgings rather than a broader market rally. The stock's year-to-date performance shows a decline of 8.69%, contrasting with the Sensex's gain of 3.64%, suggesting that while the stock is currently rising, it has struggled to maintain momentum in the longer term.