Why is Sparkle GoldRock falling/rising?

As of 04-Jul, Sparkle Gold Rock Ltd is experiencing a price increase, with its current price at Rs 105.00, reflecting a rise of 1.0 (0.96%). The stock has shown strong performance, trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite being 4.76% away from its 52-week high of Rs 110, the stock has delivered impressive returns, including a staggering 860.66% over the past year. However, there are concerns regarding its financial health, as the company is facing operating losses and has a high Debt to EBITDA ratio of -1.00 times, indicating a weak ability to service its debt. Additionally, delivery volume has decreased by 26.62% against the 5-day average, suggesting falling investor participation.
In the broader market context, Sparkle Gold Rock Ltd has outperformed the benchmark Sensex in the short term, with a 1-week return of +1.94% compared to the Sensex's -0.74%. This indicates that while the stock is rising, it is doing so in a market that is not performing as well. The company's long-term performance has also been notable, with returns of 2816.67% over three years, significantly surpassing the Sensex's 56.73%. However, the stock's recent rise is tempered by its negative EBITDA and declining profits, which could pose risks for future performance despite its current upward movement.