Why is Bang Overseas falling/rising?

As of 27-Jun, Bang Overseas Ltd's stock price is rising, currently at Rs 62.48, reflecting an increase of Rs 5.68 or 10.0%. The stock has shown strong performance today, outperforming its sector by 10.62% and achieving a consecutive gain over the last two days with a total return of 12.78%. Additionally, the stock has been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. The company has reported impressive financial results, including a 276.09% growth in net profit and consistent positive results over the last three quarters, contributing to the stock's upward movement. However, there are concerns regarding its long-term fundamental strength, particularly a significant decline in operating profits over the past five years and a weak ability to service debt.
In the broader market context, Bang Overseas has outperformed the benchmark Sensex in the short term, with a 1-week return of 11.81% compared to the Sensex's 2.00%. While the stock has generated a notable return of 35.24% over the past year, it is essential to consider that this performance comes alongside a backdrop of weak long-term fundamentals and a negative EBITDA, which may pose risks for future growth. Despite these challenges, the stock's recent gains reflect a positive sentiment among investors, driven by strong quarterly results and market-beating performance in the short term.