Why is Swadeshi Inds falling/rising?

As of 03-Jul, Swadeshi Industries & Leasing Ltd's stock price is currently at Rs. 24.84, reflecting an increase of Rs. 0.48 or 1.97%. The stock has been on a positive trajectory, gaining for the last 21 days and achieving a remarkable 50.73% return during this period. It has also reached a new 52-week high today. Despite this upward movement, there are concerns regarding falling investor participation, as the delivery volume has decreased significantly by 98.94% compared to the 5-day average. The stock's performance over the past year has been exceptional, with a return of 975.32%, significantly outpacing the market's average return of 2.20%. However, the company's weak long-term fundamental strength, indicated by a low Return on Capital Employed (ROCE) of 2.48% and poor debt servicing ability, raises questions about its sustainability.
In the broader market context, Swadeshi Industries has outperformed the benchmark Sensex, which has declined by 0.62% over the past week while the stock has surged by 10.25%. This stark contrast highlights the stock's strong market-beating performance. Nevertheless, the overall market sentiment may be tempered by the company's flat results in March 2024, which reported the lowest earnings figures. While the stock's short-term gains are impressive, the underlying financial weaknesses could pose risks moving forward, suggesting that investors should remain cautious despite the recent price increases.