Why is Aeonx Digital falling/rising?

As of 18-Sep, Aeonx Digital Technology Ltd is experiencing a price increase, currently at 227.90, reflecting a change of 1.9 or 0.84% upward. The stock has shown a positive trend today, gaining after three consecutive days of decline and outperforming its sector by 1.34%. Over the past week, Aeonx has returned 2.31%, significantly higher than the Sensex's 1.80%. Additionally, the company has reported positive results for the last four consecutive quarters, with notable metrics such as a highest ROCE of 11.24% and net sales reaching Rs 16.26 crore. However, despite these positive indicators, the company faces challenges, including operating losses and a weak ability to service its debt, which may temper investor enthusiasm.
In the broader market context, Aeonx's recent performance has outpaced the benchmark in the short term, with a 1-month return of 29.20% compared to the Sensex's 2.14%. While the stock has shown strong long-term performance, generating a 63.84% return over the past year, its profitability remains a concern, as indicated by a low Return on Equity of 5.31%. The stock is currently trading at a premium compared to its peers, which may affect investor sentiment moving forward. Overall, while the stock is rising today, the underlying financial challenges could influence its future trajectory.