Why is SPML Infra falling/rising?

As of 09-Jun, SPML Infra Ltd's stock price is rising, currently at 205.45, reflecting an increase of 12.45 or 6.45%. The stock has shown strong performance recently, gaining 9.43% over the last two days and outperforming its sector by 5.47% today. It opened with a gain of 2.05% and reached an intraday high of Rs 209.65. Over the past week, the stock has risen by 5.93%, and in the last month, it has increased by 18.21%. Despite a year-to-date decline of 19.75%, the stock has generated a remarkable 51.40% return over the past year, supported by a significant profit increase of 638.7%. However, it is important to note that the company has high debt levels and weak long-term fundamentals, which may impact investor sentiment.
In the broader market context, SPML Infra's recent performance has significantly outpaced the benchmark Sensex, which has only increased by 1.32% over the past week and 3.76% over the past month. The stock's strong returns in both the short and long term, coupled with its attractive valuation compared to peers, have contributed to its upward movement. However, the company’s high debt-to-equity ratio and declining net sales growth could pose risks to its future performance. Overall, while the stock is currently rising, investors should remain cautious due to the underlying financial challenges.