Why is Sanco Industries falling/rising?

As of 27-Jun, Sanco Industries Ltd is experiencing a price increase, currently at 4.02, reflecting a change of 0.15 or 3.88% upward. The stock has shown strong short-term performance, with a 9.84% gain over the past week and a remarkable 62.10% increase over the past month. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating positive momentum. However, despite these short-term gains, the company has significant long-term challenges, including a negative book value, high debt levels, and poor growth metrics, with net sales declining at an annual rate of -100.00% over the last five years. These factors contribute to a perception of risk surrounding the stock, despite its recent performance.
In the broader market context, Sanco Industries has outperformed the sector by 4.2% today, but it has significantly underperformed the market over the past year, with a return of -59.19% compared to the BSE 500's 4.10% gain. This stark contrast highlights the stock's volatility and the challenges it faces in maintaining investor confidence. While the recent price increase may attract short-term traders, the underlying financial weaknesses and negative EBITDA suggest that the stock remains a risky investment in the long term.