Why is Shubham Polyspin falling/rising?

As of 19-Sep, Shubham Polyspin Ltd is experiencing a price increase, currently at Rs. 39.84, reflecting a change of 0.21 (0.53%) upwards. The stock has recently hit a new 52-week high of Rs. 41 and has outperformed its sector by 0.33%. Over the past week, the stock has shown a robust return of 8.70%, and over the past month, it has increased by 15.81%. However, despite these positive movements, there are concerns regarding the company's long-term fundamentals, including a significant decline in operating profits over the last five years and a high debt-to-EBITDA ratio, which may indicate challenges in servicing debt. Additionally, a reduction in promoter confidence, as evidenced by a decrease in their stake, could signal potential issues regarding the company's future performance.
In the broader market context, Shubham Polyspin's short-term performance has significantly outpaced the benchmark, with the stock gaining 8.70% in the last week compared to the Sensex's 0.88% increase. Despite the stock's impressive returns over the past year, where it generated 53.82% against the BSE500's negative return of -1.96%, the overall market sentiment remains cautious due to the company's weak long-term fundamentals and declining investor participation, as indicated by a substantial drop in delivery volume. This combination of strong short-term performance against a backdrop of long-term concerns suggests a complex market perception of the stock's future trajectory.