Why is Unjha Formul. falling/rising?

As of 15-Jul, Unjha Formulations Ltd is experiencing a significant rise in its stock price, currently at Rs 26.30, reflecting an increase of 4.38 or 19.98%. The stock has outperformed its sector by 18.73% today, reaching an intraday high of Rs 26.30. Over the past week, the stock has shown a return of 12.01%, while it has increased by 16.32% over the past month. Despite a year-to-date decline of 13.46%, the stock has generated a positive return of 10.97% over the last year, indicating a consistent performance. The company's attractive valuation, with a return on equity of 12.7 and a price-to-book value of 3.8, suggests it is trading at a discount compared to its peers. However, the company faces challenges, including operating losses and a weak ability to service its debt, which could impact long-term performance.
In the broader market context, the Sensex has seen a decline of 1.36% over the past week, contrasting with Unjha Formulations' positive performance. This divergence highlights the stock's strength relative to the overall market. While the stock has shown impressive returns over the last three years, outperforming the BSE500, the recent volatility and the significant rise in delivery volume indicate increased investor interest. Nonetheless, the company's weak long-term fundamentals, as evidenced by its operating losses and poor EBIT to interest ratio, may raise concerns among investors about its sustainability in the long run.