Why is Art Nirman Ltd falling/rising?

As of 24-Oct, Art Nirman Ltd is experiencing a significant rise in its stock price, currently at 64.27, reflecting an increase of 5.84 or 9.99%. The stock has outperformed its sector by 9.86% today, and it is trading above all its moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Over the past week, the stock has shown a remarkable return of 25.95%, and in the last month, it has increased by 31.16%. However, despite these positive movements, the company faces challenges such as operating losses and a weak ability to service its debt, indicated by a poor EBIT to Interest ratio of 0.16. The company has also reported negative sales growth and low profitability, which could temper investor enthusiasm in the long term.
In the broader market context, while Art Nirman Ltd has significantly outperformed the Sensex over the past week and month, with the benchmark only rising by 0.33% and 2.95% respectively, the stock's long-term performance remains concerning. The company has a return on equity of only 1.20%, suggesting low profitability, and its valuation appears expensive with a price-to-book ratio of 4.5. Despite the recent surge in stock price, the underlying fundamentals, including a decline in net sales and negative earnings before interest and taxes, indicate potential risks that could affect future performance.