Why is Aurionpro Sol. falling/rising?

As of 13-Oct, Aurionpro Solutions Ltd is experiencing a price increase, currently at Rs 1,194.20, which reflects a rise of 78.35 or 7.02%. The stock has shown a strong performance today, outperforming its sector by 7.77% and achieving a consecutive gain over the last three days with a total return of 9.51%. The stock reached an intraday high of Rs 1,222.7, indicating positive momentum. However, despite this recent uptick, the stock has underperformed over the past month with a decline of 0.95% and a significant year-to-date drop of 30.28%. Positive factors contributing to the stock's recent rise include a low debt-to-equity ratio of 0.07, healthy long-term growth with an annual operating profit increase of 44.43%, and consistent positive results over the last 17 quarters. However, the stock's valuation appears expensive with a price-to-book value of 4.4, and its return on equity stands at 12.4, suggesting that it may be trading at a premium compared to peers.
In the broader market context, the stock's short-term return of 3.89% over the past week significantly outpaces the Sensex, which has only increased by 0.66% during the same period. Despite this short-term outperformance, Aurionpro Solutions has underperformed the market over the last year, with a decline of 31.38% compared to the BSE500's negative return of 1.73%. This discrepancy may reflect a lack of confidence from domestic mutual funds, which hold only a minimal stake of 0.26% in the company, potentially indicating concerns about the stock's valuation or business fundamentals.