Why is Creative Newtech falling/rising?

As of 19-Sep, Creative Newtech Ltd's stock price is currently at 639.75, reflecting an increase of 8.95, or 1.42%. The stock has shown a positive performance today, outperforming its sector by 1.88%. Additionally, it is trading higher than its 5-day, 20-day, and 50-day moving averages, although it remains below its 100-day and 200-day moving averages. The stock has experienced a 1-week return of +2.29%, contrasting with a -2.12% return over the past month. Despite a significant decline of -31.05% year-to-date, the company has demonstrated healthy long-term growth with net sales increasing at an annual rate of 34.90% and operating profit at 30.95%. However, concerns arise from its flat results in June and a low debtors turnover ratio, which may indicate operational inefficiencies.
Broader Market Context: In comparison to the Sensex, which has gained +0.85% over the past week, Creative Newtech's short-term performance is notably stronger. Despite the stock's recent uptick, it has underperformed the broader market over the longer term, with a -26.52% return in the last year compared to the Sensex's -0.35%. The lack of domestic mutual fund investment, holding only 0% of the company, suggests a lack of confidence in the stock's valuation or business prospects. This mixed performance, along with the stock's attractive valuation metrics, indicates that while there are positive growth indicators, underlying concerns about its operational performance and market perception continue to weigh on its long-term outlook.