Why is Delhivery falling/rising?

As of 08-Jul, Delhivery Ltd's stock price is rising, currently at Rs 408.95, reflecting an increase of Rs 13.25 or 3.35%. The stock has shown strong performance today, outperforming its sector by 3.25% and achieving a consecutive gain over the last six days, with a total return of 6.78% during this period. It reached an intraday high of Rs 410.35, and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Positive results over the last four consecutive quarters, including a high operating profit to interest ratio and strong debtor turnover, have contributed to this upward movement. However, there are concerns regarding its long-term fundamental strength, as indicated by a low average return on equity and weak growth in net sales over the past five years.
In the broader market context, Delhivery's short-term return of 6.58% over the past week significantly outpaces the Sensex, which has only increased by 0.02%. This strong performance relative to the benchmark suggests that investor sentiment towards Delhivery is currently favorable, likely driven by its recent positive financial results and high institutional holdings. Despite the positive short-term trends, the stock's long-term outlook remains uncertain due to its weak ability to service debt and negative operating profits, which could pose risks if not addressed.