Why is Silly Monks falling/rising?

As of 06-Nov, Silly Monks Entertainment Ltd is experiencing a price increase, currently at Rs. 26.22, reflecting a rise of 2.51 or 10.59%. The stock has recently hit a new 52-week high of Rs. 28.45 and has outperformed its sector by 11.98% today. Over the past week, the stock has surged by 40.82%, and in the last month, it has gained 54.87%, significantly outpacing the Sensex, which has seen a decline of 1.42% in the same period. Despite a weak long-term fundamental strength indicated by a -177.99% CAGR growth in operating profits over the last five years and a poor EBIT to Interest ratio, the stock's recent performance is buoyed by rising investor participation, with a notable increase in delivery volume.
In the broader market context, Silly Monks has shown a strong short-term performance compared to the benchmark, with a 40.82% increase over the past week against the Sensex's decline. While the stock has generated a return of 13.85% over the last year, this is considerably higher than the market's return of 1.73%. However, the company's profitability remains a concern, as indicated by a low average return on equity of 0.85% and a significant drop in profits over the past year. Despite these challenges, the stock's liquidity and recent market-beating performance suggest a positive sentiment among investors, contributing to its rising price.