Why is Ahm. Steelcraft falling/rising?

As of 16-Jul, Ahmedabad Steelcraft Ltd's stock price is currently at Rs 218.70, reflecting an increase of Rs 10.4, or 4.99%. Today's price movement indicates a trend reversal as the stock has gained after five consecutive days of decline. Despite opening with a loss of 4.99%, it reached an intraday high of Rs 218.70. Over the past week, the stock has underperformed with a return of -7.07%, while it has shown a significant year-to-date decline of -17.77%. However, the company has demonstrated strong long-term growth, with net sales increasing at an annual rate of 89.41% and a notable rise in profits, which may contribute positively to investor sentiment.
Broader market context shows that while the stock has outperformed its sector today by 4.86%, it has struggled in the short term compared to the benchmark, which has only declined by 1.08% over the past week. The stock's performance over the last year has been impressive, generating a return of 67.39%, significantly higher than the market's average return of 2.38%. Despite the positive long-term growth indicators and rising promoter confidence, the stock faces challenges such as low management efficiency and high debt levels, which may weigh on its performance in the near term.