Why is Creative Casting falling/rising?

As of 18-Sep, Creative Castings Ltd is experiencing a price increase, currently at 667.60, reflecting a rise of 12.6 or 1.92%. The stock has shown strong performance recently, gaining 8.55% over the last four days and outperforming its sector by 1.28% today. It has also been trading above its moving averages across various time frames, indicating positive momentum. However, despite this short-term gain, the stock has underperformed over the past year with a decline of 26.31%, and its profits have fallen significantly by 30.9%. The stock is trading at a premium compared to its peers, which may suggest a fair valuation, but the weak long-term fundamentals, including negative results for the last three consecutive quarters, raise concerns.
In the broader market context, Creative Castings Ltd's short-term return of 5.47% over the past week significantly outpaces the Sensex's return of 1.80% during the same period. While the stock has shown recent strength, its long-term performance remains weak compared to the market, as indicated by its year-to-date decline of 9.17% against the Sensex's gain of 6.24%. This juxtaposition highlights the stock's volatility and the challenges it faces in sustaining growth amidst declining profits and negative quarterly results.