Why is Alan Scott Inds. falling/rising?

As of 23-Jul, Alan Scott Industries Ltd is experiencing a price increase, currently at Rs 148.50, reflecting a rise of 7.05 (4.98%). The stock has shown strong performance recently, gaining 46.88% over the last 10 days and outperforming its sector by 5.7% today. It opened with a gain of 4.98% and has maintained this price throughout the trading session. Additionally, the stock has generated an impressive return of 198.26% over the past year, significantly surpassing the BSE500 market returns of 1.79%. Positive results over the last six consecutive quarters, including higher net sales and the highest quarterly PBDIT, have contributed to this upward momentum. However, concerns about long-term fundamental strength persist, as indicated by a weak average Return on Capital Employed (ROCE) of 0% and negative operating profit trends.
In the broader market context, the stock's short-term return of 27.52% over the past week stands in stark contrast to the Sensex, which has only increased by 0.11% during the same period. This significant outperformance highlights investor confidence in Alan Scott Industries despite its long-term challenges, such as a poor EBIT to Interest ratio and declining operating profits over the last five years. The rising investor participation, evidenced by a substantial increase in delivery volume, further supports the stock's current upward trajectory. Overall, while the stock is benefiting from recent positive performance and investor sentiment, underlying fundamental weaknesses remain a concern for its long-term viability.