Why is Sheshadri Indus. falling/rising?

As of 07-Jul, Sheshadri Industries Ltd is currently priced at 21.11, showing no change (0.00%). The stock has outperformed its sector by 0.66% today and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has increased by 9.89%, while it has experienced a decline of 9.32% over the past month. Despite a strong year-to-date performance of 47.21%, the company has a negative book value and high debt levels, which contribute to its weak long-term fundamental strength. Positive factors include consistent growth in net sales and profit after tax over the last three quarters, which may have bolstered investor confidence in the short term.
In the broader market context, Sheshadri Industries Ltd has significantly outperformed the benchmark, with a one-year return of 47.21% compared to the BSE500's return of only 1.74%. However, the stock's recent performance is tempered by a notable decline in investor participation, as evidenced by a 78.34% drop in delivery volume. This decline in trading activity, combined with the company's high debt and negative operating profits, suggests that while the stock has shown impressive short-term gains, its long-term outlook remains uncertain, which could lead to volatility in its price movements.