Why is Tricom Fruit falling/rising?

As of 02-Jul, Tricom Fruit Products Ltd is experiencing a price increase, with its current price at 2.64, reflecting a rise of 0.12 or 4.76%. The stock has demonstrated strong performance, outperforming its sector by 4.48% today and achieving a consecutive gain over the last two days, resulting in a total return of 10% during this period. Additionally, the stock has shown impressive long-term performance, with a 73.68% increase over the past year and a 106.25% rise over the last three years. However, it is important to note that the company has not declared results in the last six months, which raises concerns about its long-term fundamental strength, particularly given the stagnant growth in net sales and operating profit over the past five years.
In the broader market context, Tricom's short-term return of 2.33% over the past week significantly outpaces the Sensex's gain of 0.79% during the same period. While the stock has been performing well in the near term, the lack of recent financial results and the company's high debt levels present risks that could affect investor sentiment moving forward. Despite the stock's current upward trajectory, the combination of weak long-term fundamentals and the absence of recent earnings reports may lead to caution among potential investors.