Why is Unjha Formul. falling/rising?

As of 16-Jul, Unjha Formulations Ltd's stock price is rising, currently at Rs 28.85, reflecting an increase of Rs 2.55 or 9.7%. The stock has shown strong performance today, outperforming its sector by 9.97% and gaining 31.61% over the last two days. It opened with a gain of 9.13% and reached an intraday high of Rs 30.4, indicating significant investor interest. The stock has also been trading above its moving averages and has seen a remarkable increase in delivery volume, suggesting heightened investor participation. However, the company faces challenges with operating losses and a weak ability to service its debt, which could impact long-term performance despite its recent gains.
Broader market context shows that Unjha Formulations has significantly outperformed the benchmark Sensex in the short term, with a 1-week return of +25.11% compared to the Sensex's -1.08%. While the stock has generated a return of 23.34% over the past year, it has experienced a decline of 5.07% year-to-date, contrasting with the Sensex's positive performance of +5.75% in the same period. This divergence highlights the stock's recent volatility and investor sentiment, which appears to be driven by short-term gains despite underlying fundamental weaknesses.