Why is Asit C Mehta Fin falling/rising?

As of 11-Sep, Asit C Mehta Financial Services Ltd is experiencing a rise in its stock price, currently at Rs 145.00, reflecting an increase of Rs 3.0 or 2.11%. The stock has shown strong performance today, outperforming its sector by 2.45%, and has been on a consecutive gain for the last two days, accumulating a total return of 6.38% 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. However, despite a year-over-year return of 2.80%, the company has faced challenges, including operating losses and a high debt-to-equity ratio, which may temper investor enthusiasm.
In the broader market context, the stock's short-term performance of +11.45% over the past week significantly outpaces the Sensex, which has only increased by 1.03% during the same period. While the stock has shown resilience in the short term, it has underperformed over longer periods, such as a -4.45% decline over the past month compared to the Sensex's +1.17%. The company's weak long-term fundamentals, including a high debt burden and declining net sales, could pose risks that may affect future performance, despite the current upward movement in stock price.