Why is Aeonx Digital falling/rising?

As of 03-Jul, Aeonx Digital Technology Ltd's stock price is rising, currently at 208.00, reflecting an increase of 16.0 or 8.33%. The stock has shown strong performance recently, gaining 16.4% over the last three days and outperforming its sector by 8.36% today. It has also demonstrated impressive returns over various periods, including a 42.37% increase over the past month and a 48.62% rise over the last year. The company has reported positive results for the last three consecutive quarters, with significant metrics such as the highest Return on Capital Employed (ROCE) at 11.24% and a notable increase in the Profit After Tax (PAT) to Rs 1.33 crore. However, it is important to note that the company has a weak long-term fundamental strength, with a -20.91% CAGR growth in net sales over the last five years.
In the broader market context, Aeonx Digital's recent short-term performance contrasts sharply with the Sensex, which has declined by 0.62% over the past week. The stock's ability to outperform the benchmark, particularly with a 9.50% increase over the last week compared to the Sensex's decline, indicates strong investor interest and confidence in the company's potential despite its long-term challenges. The rising investor participation, evidenced by a 285.82% increase in delivery volume, further supports the stock's upward movement, suggesting that investors are optimistic about its near-term prospects despite underlying weaknesses in profitability and debt servicing capabilities.