Why is Artemis Electri. falling/rising?

As of 26-Jun, Artemis Electricals & Projects Ltd is experiencing a price increase, currently at 26.38, reflecting a rise of 0.77 or 3.01%. The stock has shown strong performance recently, gaining 10.84% over the last four days and outperforming its sector by 1.51%. Additionally, the stock has outperformed the benchmark Sensex with a weekly return of 9.96% compared to the Sensex's 2.94%. The company has reported outstanding results, including a 103.2% growth in net sales and positive results for the last two consecutive quarters, which have contributed to the stock's upward movement. However, it is important to note that despite these positive indicators, the company has weak long-term fundamental strength, with a low Return on Capital Employed (ROCE) of 8.94% and a high Price to Book Value ratio of 7.7, which may raise concerns among investors.
Broader market context indicates that while Artemis Electricals has shown impressive short-term returns, it has underperformed over the longer term, with a year-to-date decline of 1.57% compared to the Sensex's gain of 7.19%. This disparity highlights the stock's volatility and the challenges it faces in maintaining investor confidence despite recent gains. The stock's performance over the past year has been particularly concerning, with a significant decline of 17.15%, contrasting sharply with the broader market's positive returns. The lack of domestic mutual fund investment, which stands at 0%, further suggests that institutional investors may be wary of the stock's valuation and long-term growth prospects, potentially impacting its future price movements.