Why is Bhagyanagar Ind falling/rising?

As of 25-Jun, Bhagyanagar India Ltd's stock price is currently at 82.35, reflecting an increase of 0.96 or 1.18%. The stock has shown a strong performance in the short term, with a 10.17% increase over the past week, significantly outperforming the Sensex, which rose by only 1.61%. However, despite this recent uptick, the stock has underperformed over the longer term, with a year-to-date decline of 15.50% and a one-year decline of 23.25%. Today's price summary indicates that the stock is trading above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below its 200-day moving average. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 68.17% compared to the 5-day average. Positive factors contributing to the recent price rise include strong quarterly results, with record net sales and cash equivalents, and an attractive valuation relative to peers. However, the company faces challenges, including a high debt-to-EBITDA ratio and weak long-term fundamental strength.
In the broader market context, Bhagyanagar India Ltd's recent performance contrasts sharply with the overall market, as it has significantly lagged behind the BSE 500, which posted a return of 3.43% over the past year. While the stock has shown positive momentum in the short term, its long-term performance remains concerning, particularly given the substantial negative returns over the past year. The stock's ability to maintain its upward trajectory may be hindered by its weak fundamentals and declining investor interest, despite its recent gains.