Why is Silly Monks falling/rising?

As of 04-Nov, Silly Monks Entertainment Ltd is experiencing a significant rise in its stock price, currently at 23.71, reflecting an increase of 3.95 or 19.99%. The stock has outperformed its sector today by 23.04%, and it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating positive momentum. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 238.18% compared to the 5-day average. However, the company faces challenges, including operating losses and weak long-term fundamental strength, as evidenced by a poor EBIT to Interest ratio of -2.76 and a low return on equity of 0.85%. The recent financial results show concerning trends, with net sales at their lowest and negative operating profits, which may pose risks to future performance.
In the broader market context, Silly Monks has shown a remarkable short-term return of +25.05% over the past week, contrasting sharply with the Sensex, which has declined by 1.31% during the same period. Despite this positive short-term performance, the stock's year-to-date return is slightly negative at -0.55%, while the Sensex has gained 8.26%. This divergence highlights the stock's volatility and the potential risks associated with its weak fundamentals, despite the recent surge in price and trading activity.