Why is Alan Scott Inds. falling/rising?

As of 15-Jul, Alan Scott Industries Ltd is experiencing a price increase, currently at Rs 110.95, reflecting a rise of 5.25 or 4.97%. The stock has shown strong performance today, outperforming its sector by 4.4% and achieving a consecutive gain over the last four days with a total return of 9.74% during this period. It opened with a gain of 4.97% and reached an intraday high of Rs 110.95. Additionally, the stock has generated a remarkable return of 112.91% over the past year, significantly outperforming the market's return of 2.36%. However, it is important to note that the stock has a weak long-term fundamental strength, with a poor Return on Capital Employed (ROCE) of 0% and negative operating profits, which raises concerns about its sustainability.
In the broader market context, the stock's short-term return of 8.93% over the past week contrasts sharply with the Sensex, which has declined by 1.36% during the same period. This indicates that Alan Scott Industries Ltd is currently gaining traction against a backdrop of broader market weakness. Despite its impressive short-term performance, the company's long-term growth prospects remain questionable due to its declining operating profits and inability to service debt effectively. Thus, while the stock is rising in the short term, investors should remain cautious given the underlying financial challenges.