Why is Soni Medicare falling/rising?

As of 30-Jul, Soni Medicare Ltd's stock price is currently at 58.00, reflecting an increase of 0.96, or 1.68%. The stock has shown a positive trend today, having outperformed its sector by 1.79% and reversing a decline after two consecutive days of falling prices. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong momentum. Over the past week, the stock has gained 0.87%, and it has delivered impressive returns of 97.95% over the past year, significantly outperforming the broader market, which has seen negative returns. However, there are concerns regarding the company's high debt levels, as indicated by a Debt-Equity Ratio of 6.6 times and a Debt to EBITDA ratio of 4.34 times, which may impact its long-term fundamental strength.
In the broader market context, while Soni Medicare has achieved a remarkable 20.46% return over the past month and a staggering 77.70% year-to-date, the benchmark Sensex has declined by 2.54% and 1.50% over the same respective periods. This stark contrast highlights the stock's strong performance against a backdrop of broader market weakness, where the BSE500 has generated negative returns of -2.34% in the last year. Despite the company's impressive short-term gains, the high debt levels and reported losses raise questions about its sustainability, which could influence investor sentiment moving forward.