Why is Sanco Industries falling/rising?

As of 24-Jun, Sanco Industries Ltd is currently priced at 3.86, reflecting an increase of 0.09 or 2.39%. The stock has shown strong short-term performance, with a 1-week return of +11.24% and a 1-month return of +49.61%, significantly outperforming the Sensex, which has only increased by 0.77% in the same periods. Additionally, Sanco Industries is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating positive momentum. However, the company faces significant challenges, including a negative book value and a weak long-term fundamental strength, with net sales declining at an annual rate of -100.00% and operating profit at -145.73% over the last five years. The high debt levels and negative EBITDA further contribute to its risky profile, despite a recent rise in profits.
In the broader market context, Sanco Industries' recent short-term gains contrast sharply with its long-term performance, as it has underperformed the benchmark over the last three years, generating a return of -58.89% compared to the Sensex's +6.40% over the same period. While the stock's recent upward movement may attract short-term traders, the underlying financial weaknesses and consistent underperformance against the benchmark suggest caution for long-term investors. The stock's liquidity appears adequate for trading, but the overall outlook remains challenging due to the company's fundamental issues.