Why is Yarn Syndicate falling/rising?

As of 24-Jul, Yarn Syndicate Ltd's stock price is currently at Rs 22.50, reflecting an increase of Rs 1.0 or 4.65%. The stock has shown a strong performance recently, gaining 14.45% over the last four days and outperforming its sector by 6.83% today. It opened with a gain of 2.74% and reached an intraday high of Rs 22.57. Despite these positive movements, the stock has a mixed long-term performance, with a year-to-date decline of 23.86% and a significant drop of 56.73% over the past year. Positive factors contributing to the recent rise include impressive quarterly net sales growth of 736.6% and a higher profit after tax, indicating improved financial health. However, the stock also faces challenges, such as weak long-term fundamentals and a high debt to EBITDA ratio, which may limit its future performance.
In the broader market context, Yarn Syndicate's short-term return of 8.17% over the past week stands in stark contrast to the Sensex, which has remained nearly flat with a change of -0.09%. While the stock has outperformed the market in the short term, it has significantly underperformed over the past year compared to the broader market, which has seen a return of 2.54%. This discrepancy highlights the stock's volatility and the challenges it faces in regaining investor confidence despite recent positive developments.