Why is Cords Cable falling/rising?

As of 21-Jul, Cords Cable Industries Ltd's stock price is currently at 204.00, reflecting an increase of 7.7, or 3.92%. The stock has shown strong performance today, outperforming its sector by 3.29% and has been on a consecutive gain for the last two days, rising 5.1% during this period. It opened with a gain of 4.38% and reached an intraday high of Rs 209.9, indicating positive momentum. Despite a year-to-date decline of 2.63% and a one-year drop of 14.29%, the company has reported positive results for the last six consecutive quarters, with significant growth in profit before tax and net sales. However, concerns about the company's ability to service its debt and low profitability per unit of shareholders' funds may temper investor enthusiasm.
In the broader market context, Cords Cable's short-term return of 6.64% over the past week contrasts with the Sensex, which has remained relatively flat with a change of -0.06%. While the stock has outperformed the benchmark in the short term, it has underperformed over the longer term, with a one-year return of -14.29% compared to the Sensex's gain of 1.98%. This disparity highlights the stock's volatility and the challenges it faces in maintaining investor confidence despite recent positive performance indicators.