Why is Brooks Lab. falling/rising?

As of 05-Sep, Brooks Laboratories Ltd is experiencing a price increase, currently at Rs 151.85, reflecting a rise of 7.2 points or 4.98%. The stock has outperformed its sector by 5.05% today and has shown consecutive gains over the last two days, accumulating a total return of 10.44%. It opened with a gain of 4.98% and reached an intraday high of Rs 151.85. Additionally, the company has reported very positive results, including a 97.76% growth in net profit and a 23.6% increase in net sales, contributing to its strong performance despite a long-term weak fundamental strength indicated by a low return on equity.
In the broader market context, Brooks Laboratories Ltd has significantly outperformed the benchmark Sensex over the past week, with a return of 11.78% compared to the Sensex's 1.13%. However, the stock has faced challenges over the longer term, with a year-to-date decline of 17.90% against the Sensex's gain of 3.29%. Despite the recent positive momentum, the company's weak long-term growth and high valuation metrics, such as a price to book value of 4.6, suggest caution for investors. Overall, while the stock is currently rising due to strong quarterly results and short-term performance, its long-term fundamentals remain a concern.