Why is Ashiana Housing falling/rising?

As of 09-Jun, Ashiana Housing Ltd. is experiencing a price increase, with its current price at Rs 353.00, reflecting a rise of Rs 18.15 or 5.42%. The stock has been on an upward trend, gaining for the last four consecutive days and achieving a total return of 12.94% during this period. It opened with a gain of 3.87% today and reached an intraday high of Rs 354.6. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating positive momentum. However, the company has faced challenges, including negative results for the last three consecutive quarters and a significant decline in net sales and profits over the past year, which has contributed to its underperformance in the long term.
In the broader market context, Ashiana Housing has outperformed the Sensex, which recorded a return of 1.32% over the past week, while the stock itself gained 12.31%. This strong short-term performance contrasts with its long-term struggles, as the stock has underperformed the market over the past year, generating a return of -6.79% compared to the Sensex's 7.50%. Despite the recent positive price movement, the company's low debt-to-equity ratio and liquidity suggest some stability, but the overall poor long-term growth and high valuation relative to peers raise concerns about sustainability.