Why is Akash InfraProj. falling/rising?

As of 18-Sep, Akash Infraprojects Ltd is experiencing a price increase, currently at 31.99, with a change of 1.86, representing a rise of 6.17%. The stock has outperformed its sector today by 6.11%, and it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 27.42% compared to the 5-day average. Despite a year-to-date decline of 4.22% and a significant drop of 15.66% over the past year, the company reported positive results in its latest quarter, including a higher profit after tax and record net sales, which may have contributed to the recent upward movement in stock price.
In the broader market context, Akash Infraprojects Ltd has outperformed the Sensex in the short term, with a 1-week return of 10.27% compared to the benchmark's 1.67%. However, the stock has consistently underperformed against the benchmark over the last three years, with a return of -29.69% versus the Sensex's 45.02%. While the stock is currently trading at a discount compared to its peers, concerns about its long-term fundamental strength, including a low return on capital employed and high debt levels, may temper investor enthusiasm despite the recent positive performance.