Why is Tijaria Polypipe falling/rising?

As of 30-Jun, Tijaria Polypipes Ltd's stock price is currently at 9.07, reflecting an increase of 0.42 or 4.86%. The stock has shown strong performance recently, gaining 36.19% over the last seven days and outperforming its sector by 4.19% today. Despite this short-term gain, the company has a negative book value and weak long-term fundamentals, with net sales declining at an annual rate of -100.00% and operating profit at -211.25% over the past five years. Additionally, the stock has generated a return of -45.69% over the last year, indicating significant underperformance compared to the broader market.
In the broader market context, Tijaria Polypipes Ltd has outperformed the Sensex in the short term, with a 1-week return of +25.97% compared to the Sensex's +2.09%. However, the stock's long-term outlook remains concerning, as institutional investors have reduced their stakes, reflecting a lack of confidence in the company's fundamentals. The stock's liquidity is adequate for trading, but the high debt levels and negative EBITDA suggest that while the recent price increase may attract attention, the underlying financial health of the company poses risks that could affect future performance.