Why is Sri KPR Inds. falling/rising?

As of 04-Jul, Sri KPR Industries Ltd is experiencing a significant price increase, currently at Rs 34.86, reflecting a rise of 5.36 (18.17%). The stock has shown strong performance today, outperforming its sector by 18.31% and has been on a consecutive gain streak for the last five days, accumulating a remarkable 38.33% return during this period. Despite this positive momentum, the company faces challenges, including operating losses and a weak long-term fundamental strength, as indicated by a low Return on Equity (ROE) of 3.4% and a concerning EBIT to Interest ratio of 0.36. Additionally, the promoters have reduced their stake by 1.84%, which may signal a lack of confidence in the company's future prospects.
In the broader market context, Sri KPR Industries Ltd's short-term performance has significantly outpaced the benchmark Sensex, which has seen a decline of 0.74% over the past week, while the stock itself has surged by 38.33%. This stark contrast highlights the stock's strong market-beating performance in the near term, even as it grapples with underlying financial weaknesses and reduced promoter confidence. Overall, while the stock's recent price movement is buoyed by positive short-term returns, the long-term outlook remains clouded by fundamental challenges.