Why is SRM Energy Ltd falling/rising?

As of 07-Jul, SRM Energy Ltd's stock price is currently at 15.24, reflecting an increase of 0.28 or 1.87%. The stock has shown strong performance recently, gaining 26.05% over the last six days and outperforming its sector by 2.53% today. Additionally, it has outperformed the benchmark Sensex with a 20.09% increase over the past week, while the Sensex has decreased by 0.20%. However, despite these positive short-term movements, the company faces significant challenges, including a negative book value and high debt levels, which contribute to its weak long-term fundamental strength. The company's net sales growth has stagnated at 0% over the last five years, and it has a negative EBITDA, indicating potential risks for investors.
In the broader market context, while SRM Energy Ltd has shown impressive short-term returns, the overall market sentiment reflected by the Sensex has been more stable, with a slight increase of 1.53% over the past month. The stock's liquidity appears adequate, but a decline in delivery volume by 14.04% against the five-day average suggests a potential decrease in investor participation. This mixed performance indicates that while the stock is currently rising, underlying financial weaknesses and market conditions could pose risks moving forward.