Why is Spice IslandsInd falling/rising?

As of 01-Jul, Spice Islands Industries Ltd is currently priced at 47.95, with no change in price (0.00%). The stock has shown strong performance recently, outperforming the sector by 0.64% today. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Additionally, the stock has experienced a significant increase in delivery volume, rising by 461.72% compared to the 5-day average. Over the past year, the stock has generated a return of 28.31%, significantly outperforming the BSE500 index, which has only returned 5.31%. However, the company 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 poses risks to its future performance.
In the broader market context, Spice Islands Industries Ltd has outperformed the Sensex over various periods, including a 1-week return of +8.36% compared to the Sensex's +2.00% and a year-to-date return of +14.36% versus the Sensex's +7.11%. This indicates that while the stock is performing well relative to the market, its high debt levels and negative EBITDA suggest underlying risks that could impact its long-term growth potential. Despite the recent positive returns, the company's financial challenges may lead to caution among investors moving forward.