Why is Sheshadri Indus. falling/rising?

As of 17-Nov, Sheshadri Industries Ltd is experiencing a price increase, currently at 21.29, reflecting a change of 0.98 or 4.83% upward. The stock has been performing well, having outperformed its sector by 4.78% today and achieving a consecutive gain over the last three days with a total return of 10.6% during this period. Additionally, the stock has shown strong performance over various time frames, with a year-to-date return of 48.47% and a one-year return of 52.07%, significantly exceeding the market's performance. The company has also reported positive results for the last four consecutive quarters, with net sales growing by 22.98% and a higher profit after tax of Rs 2.31 crore in the latest six months. However, it is important to note that the company has a negative book value and high debt levels, indicating potential long-term risks.
In the broader market context, Sheshadri Industries Ltd's short-term return of 6.45% over the past week and month outpaces the Sensex, which has returned 1.69% and 1.19%, respectively. This strong performance relative to the benchmark suggests that investor sentiment is favorable despite the company's underlying financial challenges. The significant increase in delivery volume, which rose by 3858.1% against the five-day average, indicates rising investor participation, further supporting the stock's upward movement. Overall, while the stock is currently rising, its long-term fundamentals present risks that investors should consider.