Why is Transglobe Foods falling/rising?

As of 17-Sep, Transglobe Foods Ltd is experiencing a price increase, currently at 259.50, reflecting a change of 6.5 or 2.57% upward. The stock has shown a strong performance today, outperforming its sector by 1.79%, with an intraday high of Rs 260, although it also touched a low of Rs 244.7. Over the past week, the stock has gained 2.17%, but it has seen a decline of 7.98% over the past month. Despite a remarkable year-to-date return of 25.12% and a substantial 69.17% increase over the past year, the company faces challenges such as a negative book value and high debt levels, which contribute to its weak long-term fundamental strength. The recent flat results and declining investor participation, indicated by a significant drop in delivery volume, suggest caution among investors.
In the broader market context, the stock's short-term performance has outpaced the benchmark Sensex, which has risen by 1.56% over the same week. However, the stock's long-term performance remains impressive compared to the Sensex, particularly over the past three years, where it has outperformed significantly. Despite these positive indicators, the company's high debt and stagnant profit growth raise concerns about its sustainability, which could impact future investor sentiment and stock performance.