Why is Shree Mfg. Co. falling/rising?

As of 31-Jul, Shree Manufacturing Company Ltd's stock price is rising, currently at Rs. 24.89, reflecting an increase of 0.48 (1.97%). The stock has reached a new 52-week high today and has been on a consecutive gain streak for the last 19 days, resulting in a remarkable 123.63% return during this period. Additionally, the stock has outperformed the sector by 2.57% today and has shown significant returns over various time frames, including a 112.37% increase over the past month and a 339.75% rise over the last three years. 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 could pose risks to its valuation despite recent performance.
In the broader market context, Shree Manufacturing Company Ltd has significantly outperformed the benchmark Sensex, which has declined by 1.22% over the past week while the stock has surged by 13.50%. This trend of outperformance is consistent across multiple time frames, with the stock showing a 111.83% year-to-date return compared to the Sensex's 3.90%. Despite the positive short-term performance, the company faces challenges such as a negative EBITDA and poor long-term growth prospects, which may affect investor sentiment moving forward.