Why is Suryo Foods falling/rising?

As of 02-Jul, Suryo Foods & Industries Ltd is experiencing a price increase, with its current price at Rs. 20.41, reflecting a change of 0.16 (0.79%) upwards. The stock has recently hit a new 52-week high of Rs. 21.6 and has shown strong performance over the last three days, gaining 27.96%. In terms of returns, Suryo Foods has outperformed the benchmark Sensex significantly over various periods, including a 29.18% increase over the past month and a 25.21% increase over the past year. However, the stock has underperformed its sector by 1.44% today. Despite these positive movements, the company faces challenges such as a negative book value and high debt levels, which may impact investor sentiment.
In the broader market context, Suryo Foods has outperformed the Sensex in the short term, with a 13.39% increase over the past week compared to the Sensex's 0.79% rise. The aquaculture sector, in which Suryo Foods operates, has also gained by 2.21%, indicating a supportive environment for the stock. However, the company’s long-term fundamentals are weak, as evidenced by a significant decline in net sales and negative EBITDA, which raises concerns about its sustainability despite recent gains. The rising investor participation, indicated by a substantial increase in delivery volume, suggests growing interest, but the underlying financial weaknesses could pose risks moving forward.