Why is Cranex falling/rising?

As of 10-Jul, Cranex Ltd's stock price is currently at Rs 90.50, reflecting an increase of Rs 8.5 or 10.37%. The stock has shown strong performance today, outperforming its sector by 10.13% and reaching an intraday high of Rs 90.55. Over the past week, the stock has risen by 10.34%, while its performance over the last month has been relatively flat with a gain of 0.56%. Despite a year-to-date decline of 33.77%, the company has seen a significant increase in profits by 29.1%, which, combined with its attractive valuation metrics, may be contributing to the recent upward movement. However, the stock's long-term fundamentals are weak, indicated by a low average Return on Capital Employed (ROCE) and a high Debt to EBITDA ratio, which could temper investor enthusiasm.
In the broader market context, Cranex's short-term performance has significantly outpaced the Sensex, which has seen a slight decline of 0.06% over the same week. While the stock has struggled over the past year with a return of -8.59%, it has managed to attract rising investor participation, as evidenced by a 41.98% increase in delivery volume compared to the five-day average. This suggests that despite its historical underperformance relative to the market, there is renewed interest among investors, potentially driven by its current valuation and profit growth.