Why is Sri Lak.Sar.Arni falling/rising?

As of 25-Jun, Sri Lakshmi Saraswathi Textiles (Arni) Ltd is experiencing a price increase, with the current price at Rs 46.99, reflecting a rise of Rs 4.99 or 11.88%. The stock has shown strong performance today, outperforming its sector by 10.72% and achieving a consecutive gain over the last two days with a total return of 11.91%. Despite opening lower with a loss of 2.17%, the stock reached an intraday high of Rs 47, indicating significant volatility with a wide trading range of Rs 5.91. Over the past week, the stock has gained 6.07%, and over the last month, it has risen by 23.66%, showcasing a robust upward trend in the short term. However, the company faces challenges, including a negative book value and weak long-term fundamentals, as evidenced by a low growth rate in net sales and operating profit over the past five years.
In the broader market context, the stock's short-term performance has significantly outpaced the benchmark Sensex, which has only increased by 1.61% over the past week. While the stock has shown impressive returns year-to-date at 20.49% compared to the Sensex's 5.91%, it is important to note that the company has a high debt level and negative EBITDA, which raises concerns about its long-term sustainability. The falling investor participation, indicated by a dramatic drop in delivery volume, suggests that while the stock is currently rising, there are underlying risks that could affect its future performance.