Why is Bhakti Gems falling/rising?

As of 29-Jul, Bhakti Gems & Jewellery Ltd is experiencing a rise in its stock price, currently at 19.48, with an increase of 0.9, representing a 4.84% gain. The stock has shown strong performance recently, outperforming its sector by 5.16% today and achieving a consecutive gain over the last two days, with a total return of 10.06% in that period. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Positive financial results reported for March 25, including a 30.48% growth in net sales and the highest profit before tax and profit after tax figures, contribute to the stock's upward movement. However, it is important to note that the company has faced challenges, such as a -5.57% CAGR growth in operating profits over the last five years and a weak ability to service its debt.
In the broader market context, Bhakti Gems has outperformed the benchmark index, Sensex, which has seen a decline of 1.03% over the past week, while the stock itself has gained 3.95%. Over the past month, Bhakti Gems has surged by 58.37%, contrasting sharply with the Sensex's drop of 3.24%. Despite the stock's positive short-term performance, it is essential to consider the long-term fundamental weaknesses, including low profitability per unit of shareholders' funds and a return on equity of only 4.89%. While the stock has generated a return of 9.81% over the past year, its profits have fallen by -1%, indicating potential concerns for future performance amidst its current rise.