Why is Coastal Corporat falling/rising?

As of 28-Oct, Coastal Corporation Ltd's stock price is rising, currently at Rs 41.50, reflecting an increase of Rs 1.27 or 3.16%. The stock has shown a positive trend today, outperforming its sector by 3.47% and reversing a two-day decline. It reached an intraday high of Rs 44.43, indicating significant volatility with a wide trading range of Rs 4.12. Over the past week, the stock has appreciated by 11.26%, and in the last month, it has surged by 26.45%. Despite a year-to-date decline of 21.99%, the company recently reported impressive financial results, including an 88.85% growth in net profit and a strong operating profit to interest ratio, which may have contributed to the stock's upward movement.
In the broader market context, Coastal Corporation's recent performance contrasts sharply with the benchmark Sensex, which has only increased by 0.24% over the past week. This indicates that the stock is gaining traction relative to the market. However, it is important to note that the company has underperformed against the benchmark over the longer term, with a negative return of 15.03% in the past year and a significant decline of 32.59% over the last three years. While the stock is currently trading at a discount compared to its peers and has shown strong profit growth, concerns about its long-term fundamental strength, including a high debt to EBITDA ratio and low return on equity, may temper investor enthusiasm moving forward.