Why is Sanathnagar Ent. falling/rising?

As of 25-Jun, Sanathnagar Enterprises Ltd is experiencing a price increase, currently at Rs 53.00, reflecting a rise of Rs 1.5 or 2.91%. The stock has shown strong performance recently, with a 1-week return of 17.31% and a 1-month return of 37.02%. Today's trading saw the stock reach an intraday high of Rs 54.04, indicating positive momentum, although it also touched a low of Rs 49.01. The stock is trading above its moving averages across multiple time frames, and there has been a notable increase in investor participation, with delivery volume rising by 5.27% compared to the 5-day average. However, the company faces challenges, including a negative book value and a high debt-to-equity ratio, which contribute to its weak long-term fundamentals.
In the broader market context, Sanathnagar Enterprises Ltd has outperformed the Sensex, which only gained 1.61% over the past week, while the stock surged by 17.31%. Despite this short-term outperformance, the company has underperformed over the past year, with a return of -22.75%, contrasting sharply with the market's positive performance. The stock's poor long-term growth, indicated by declining net sales and negative EBITDA, raises concerns about its sustainability despite the recent price increase. Overall, while the stock is currently rising, its long-term outlook remains uncertain due to fundamental weaknesses.