Why is Bombay Cycle falling/rising?

As of 04-Sep, Bombay Cycle & Motor Agency Ltd is experiencing a price increase, currently at Rs 2,025.00, reflecting a rise of 56.8 points or 2.89%. The stock has shown a positive trend today, having gained after two consecutive days of decline, and opened with a significant gain of 6.04%. It reached an intraday high of Rs 2,090, indicating strong investor interest. Additionally, the stock has outperformed its sector by 2.49% today and is trading above all key moving averages. Over the past year, it has generated an 8.87% return, outperforming the BSE500 index consistently over the last three years, although it faces challenges with weak long-term fundamentals and declining operating profits.
In the broader market context, the stock's short-term performance of +1.55% over the past week surpasses the Sensex's gain of +0.80%, indicating a strong relative strength. Despite the positive short-term movements, the company has reported a -10.54% CAGR growth in operating profits over the last five years, which raises concerns about its long-term viability. The stock is trading at a premium compared to its peers, which could deter some investors. Overall, while the stock is currently rising, its long-term fundamentals present a mixed outlook that investors should consider.