Why is Transglobe Foods falling/rising?

As of 15-Jul, Transglobe Foods Ltd is experiencing a rise in its stock price, currently at 253.00, reflecting an increase of 4.2 (1.69%). The stock has shown strong performance recently, gaining 5.66% over the past three days and outperforming its sector by 0.51%. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Additionally, the stock has generated impressive returns, with a 69.86% increase over the past year, significantly outperforming the broader market's return of 0.37%. However, it is important to note that the company has a negative book value and high debt levels, which could pose risks to its long-term growth potential.
In the broader market context, the stock's short-term performance has been favorable compared to the benchmark, as it has gained 1.50% over the past week while the Sensex has declined by 1.36%. This contrast highlights the stock's resilience in a challenging market environment. Despite its recent gains, concerns remain regarding the company's weak long-term fundamentals, including stagnant net sales and operating profit growth, which could impact investor sentiment moving forward. Overall, while the stock is currently rising, its long-term outlook may be clouded by these underlying issues.