Why is Alfa Ica (I) falling/rising?

As of 09-Sep, Alfa Ica (India) Ltd is experiencing a price increase, currently at Rs 94.00, reflecting a rise of 4.0 or 4.44%. The stock has outperformed its sector by 5% today and has shown consecutive gains over the last two days, accumulating a total return of 7.92% during this period. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Despite a year-to-date decline of 2.99%, the stock has generated a 3.30% return over the past year and has significantly outperformed the BSE500 over the last three years, one year, and three months. However, it is important to note that the company's profits have decreased by 15.1% over the past year, which may raise concerns among investors.
In the broader market context, the stock's short-term performance of 4.44% over the past week is notably higher than the Sensex's gain of 1.18% during the same period. This indicates that Alfa Ica (I) is currently attracting investor interest, possibly due to its attractive valuation metrics, such as a return on capital employed (ROCE) of 7.2 and a favorable enterprise value to capital employed ratio of 1.4. However, the company faces challenges with weak long-term fundamentals, including a high debt to EBITDA ratio and modest growth in net sales and operating profit over the last five years. These factors suggest that while the stock is performing well in the short term, there are underlying issues that could affect its long-term sustainability.