Why is Shree Mfg. Co. falling/rising?

As of 24-Jul, Shree Manufacturing Company Ltd's stock price is rising, currently at Rs. 21.93, reflecting an increase of 1.04 (4.98%). The stock has recently hit a new 52-week high and has outperformed its sector by 5.54% today. It has shown impressive performance over the last 14 days, gaining 97.04% during this period. Additionally, the stock has consistently outperformed the BSE500 over the past three years, with returns of 55.42% in the last year alone. However, it is important to note that the company has a negative book value and high debt levels, which indicate weak long-term fundamental strength and may pose risks to investors.
In the broader market context, Shree Manufacturing Company Ltd has significantly outperformed the Sensex, which has seen a slight decline of 0.09% over the past week, while the stock itself has surged by 27.50%. This stark contrast highlights the stock's strong momentum despite the overall market conditions. However, the falling investor participation, as indicated by a 5.75% decrease in delivery volume, suggests some caution among investors. While the stock's recent gains are notable, the underlying financial weaknesses, such as negative EBITDA and flat results, could impact its sustainability in the long term.