Why is Sh. Rajas. Synt. falling/rising?

As of 24-Sep, Shree Rajasthan Syntex Ltd is currently priced at 19.79, reflecting an increase of 0.47 or 2.43%. The stock has been on a positive trajectory, gaining for the last eight days and achieving a total return of 23.3% during this period. It has outperformed its sector by 2.86% today and shows strong performance over various time frames, with a 1-week return of 16.27% and a 1-month return of 19.94%. However, despite these short-term gains, the company faces significant challenges, including a negative book value and weak long-term fundamentals, as evidenced by a decline in net sales and operating profit over the past five years. The high debt to EBITDA ratio further complicates its financial health, indicating a low ability to service debt, which could weigh on investor sentiment.
In the broader market context, the stock's recent performance stands in stark contrast to the Sensex, which has declined by 1.18% over the past week. While Shree Rajasthan Syntex Ltd has shown resilience and positive momentum, the overall market conditions have been less favorable. The company's strong short-term performance, juxtaposed with its long-term weaknesses, creates a complex picture for investors. The falling investor participation, indicated by a decrease in delivery volume, suggests caution among traders, which may impact future price movements despite the current upward trend.