Why is Shree Mfg. Co. falling/rising?

As of 18-Jul, Shree Manufacturing Company Ltd's stock price is rising, currently at Rs. 18.06, reflecting an increase of 0.86 or 5.0%. The stock has reached a new 52-week high today and has been on a consecutive gain streak for the last 10 days, resulting in a remarkable 62.26% return during this period. Additionally, the stock has consistently outperformed the sector by 5.23% today and has shown impressive returns over various time frames, including a 45.76% increase over the past month and a 165.98% rise over the last three years. However, despite these positive trends, the company faces challenges such as a negative book value and high debt levels, which may impact its long-term growth potential.
In the broader market context, Shree Manufacturing Company Ltd's recent performance stands in stark contrast to the benchmark Sensex, which has declined by 0.90% over the past week. The stock's strong short-term performance, with a 27.36% increase in the last week compared to the benchmark, highlights its resilience and investor interest, particularly given the rising delivery volume and liquidity. Nevertheless, the company's weak long-term fundamentals, characterized by stagnant net sales and negative EBITDA, suggest that while the stock is currently performing well, there are underlying risks that investors should consider.