Why is Aeroflex Enter. falling/rising?

As of 16-Jul, Aeroflex Enterprises Ltd is experiencing a price increase, currently at Rs 110.75, reflecting a change of 1.9 or 1.75% upward. The stock has shown strong performance recently, gaining 14.95% over the last six days and outperforming its sector by 1.62% today. It has also consistently traded above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating positive momentum. Over the past week, Aeroflex has returned 11.81%, significantly outperforming the Sensex, which declined by 1.08%. Additionally, the stock has demonstrated impressive long-term growth, with a 226.22% increase over three years and a 495.43% rise over five years, despite a notable drop in profits over the past year.
In the broader market context, Aeroflex's recent performance stands in stark contrast to the Sensex, which has only gained 1.02% over the past month and 5.75% year-to-date. The stock's strong fundamentals, highlighted by an average Return on Equity (ROE) of 17.13% and a healthy operating profit growth rate of 53.70%, contribute to its attractiveness. While the stock has generated a return of 17.94% over the past year, it is important to note that profits have fallen by 79.4%, which may raise concerns among investors. Nonetheless, the stock's ability to outperform both short-term and long-term benchmarks suggests robust investor confidence and a favorable outlook despite the profit decline.