Why is Spice IslandsInd falling/rising?

As of 27-Jun, Spice Islands Industries Ltd is experiencing a price increase, with its current price at Rs 48.60, reflecting a rise of Rs 1.9 or 4.07%. The stock has shown strong performance today, outperforming its sector by 3.34% and opening with a gain of 5.57%. It reached an intraday high of Rs 49.3. Over the past week, the stock has risen by 8.43%, and it has consistently outperformed the BSE 500 over the last three years, generating a remarkable 362.86% return. However, it is important to note that the stock has a negative book value and a weak long-term fundamental strength, with net sales declining at an annual rate of -45.23% over the last five years, which could pose risks to its future performance.
In the broader market context, the stock's short-term return of 8.43% over the past week significantly outpaces the Sensex's return of 2.00% during the same period. Despite the positive short-term performance, the company faces challenges such as high debt levels and negative EBITDA, which may affect investor confidence in the long run. The stock's liquidity remains adequate for trading, but a notable decrease in delivery volume by 37.7% against the five-day average indicates a potential decline in investor participation, which could impact future price movements.