Why is Anna Infrastruct falling/rising?

As of 24-Jun, Anna Infrastructures Ltd is experiencing a price increase, currently at Rs 30.78, which reflects a rise of 1.46 or 4.98%. The stock has shown strong performance recently, gaining 20.71% over the last four days and outperforming its sector by 4.64% today. It opened with a gain of 4.98% and has consistently traded at this price level. Additionally, the stock is trading above its moving averages across various time frames, indicating positive momentum. The company has reported positive quarterly results, achieving its highest PBDIT, PBT, and PAT figures, which may have contributed to the recent price rise. However, it is important to note that despite these short-term gains, the company has a weak long-term fundamental strength, with an average Return on Equity (ROE) of 3.16% and declining profits over the past year.
In the broader market context, Anna Infrastructures Ltd has significantly outperformed the benchmark Sensex in the short term, with a 1-week return of 19.53% compared to the Sensex's 0.58%. This stark contrast highlights the stock's strong recent performance relative to the market. However, while the stock has shown impressive returns over the last three years, it has underperformed year-to-date, with a decline of 1.00% compared to the Sensex's gain of 5.01%. This suggests that while the stock is currently on an upward trajectory, concerns about its long-term growth potential and financial health may temper investor enthusiasm moving forward.