Why is Abhinav Capital falling/rising?

As of 16-Jul, Abhinav Capital Services Ltd is experiencing a price increase, currently at Rs 179.85, reflecting a rise of Rs 6.85 or 3.96%. The stock has shown strong performance recently, gaining 23.61% over the past week and 49.88% over the last month, significantly outperforming the Sensex, which has declined by 1.08% in the same week. Additionally, the stock has been on a consecutive gain streak for the last five days, and it is trading above all key moving averages. However, despite these positive short-term movements, the company faces challenges such as a weak long-term fundamental strength, with a low return on equity of 11.66% and negative results reported for the last four consecutive quarters, including a significant decline in profits.
In the broader market context, while Abhinav Capital has outperformed the Sensex in the short term, the overall market sentiment may still be cautious due to the company's long-term performance issues. The stock's year-to-date return of 22.35% contrasts with the Sensex's 5.75% gain, indicating a strong short-term recovery. However, the stock's negative annual return of 8.24% and the substantial drop in profits over the past year suggest that investors should remain vigilant about the underlying financial health of the company, which could impact future price movements.