Why is SPML Infra falling/rising?

As of 11-Jun, SPML Infra Ltd's stock price is currently at 216.35, reflecting an increase of 4.65, or 2.2%. The stock has been on an upward trend, gaining for the last four days and achieving a total return of 15.23% during this period. It has outperformed its sector by 2.07% today and is trading above all its moving averages. Additionally, the stock has shown strong performance over the past week and month, with returns of 12.57% and 24.48%, respectively. Despite a year-to-date decline of 15.49%, the stock has generated a significant return of 46.28% over the past year, supported by a remarkable profit increase of 638.7%. However, the company faces challenges, including high debt levels and weak long-term growth, which could impact investor sentiment.
In the broader market context, SPML Infra's recent performance has notably outpaced the Sensex, which has only risen by 1.87% over the past week and 3.85% over the past month. The stock's ability to generate substantial returns in the short term, combined with its attractive valuation metrics, has contributed to its rising price. However, the high debt-to-equity ratio and the pledge of 26.77% of promoter shares may raise concerns among investors, particularly in a volatile market. Overall, while the stock is experiencing a positive momentum, its long-term fundamentals present a mixed outlook that investors should consider.