Why is Aeroflex Enter. falling/rising?

As of 30-Jul, Aeroflex Enterprises Ltd is experiencing a price increase, currently at Rs 102.90, reflecting a change of 2.65 or 2.64% upward. Today's price summary indicates that the stock has outperformed its sector by 2.03% and has shown a trend reversal after five consecutive days of decline, reaching an intraday high of Rs 104.05. However, despite this short-term gain, the stock has a negative return of -1.63% year-to-date and -2.04% over the past year, with a significant drop in profits of -79.4%. The company's strong long-term fundamentals, highlighted by an average Return on Equity (ROE) of 17.13% and an impressive operating profit growth rate of 53.70%, contrast with its recent flat quarterly results and high valuation concerns, which may be influencing investor sentiment.
In the broader market context, Aeroflex's short-term performance has been more favorable than the benchmark, with a 1-week return of -3.43% compared to the Sensex's -1.50%. This suggests that while the stock is currently rising, it has still faced challenges relative to the overall market trends. The lack of investment from domestic mutual funds, holding only 0% of the company, may indicate a lack of confidence in the stock's valuation or business prospects, which could weigh on its longer-term performance despite the recent uptick.