Why is Bhakti Gems falling/rising?

As of 14-Jul, Bhakti Gems & Jewellery Ltd is experiencing a price increase, currently at 17.81, with a change of 0.91, representing a 5.38% rise. The stock has shown strong performance recently, gaining 11.38% over the last four days and outperforming its sector by 4.33% today. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating positive momentum. The company reported positive quarterly results with net sales growing by 30.48%, and it is trading at a discount compared to its peers, which may attract investors. However, it also faces challenges, including weak long-term fundamental strength and a declining return on equity, which could temper enthusiasm.
In the broader market context, Bhakti Gems has significantly outperformed the benchmark Sensex over the past week, with a return of +9.80% compared to the Sensex's -1.42%. Over the last month, the stock has risen by 50.30%, while the Sensex has only increased by 1.40%. This stark contrast highlights the stock's strong short-term performance amidst a generally weaker market environment. Despite its recent gains, the company’s long-term operating profit growth has been negative, which may raise concerns for some investors regarding its sustainability in the face of broader economic conditions.