Why is Delhivery falling/rising?

As of 16-Jul, Delhivery Ltd's stock price is currently at 421.40, reflecting an increase of 3.9 points or 0.93%. The stock has shown positive momentum, gaining for the last two days with a total return of 3.67% during this period. It is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. The company has reported positive results for the last four consecutive quarters, with notable metrics such as an operating profit to interest ratio of 3.53 times and a debtors turnover ratio of 6.33 times. However, there are concerns regarding its long-term fundamental strength, as indicated by a low average return on equity of 0.44% and a weak EBIT to interest ratio.
In the broader market context, Delhivery's performance over the past week shows a slight outperformance against the Sensex, which has declined by 1.08%, while Delhivery's stock has remained relatively flat with a 0.01% increase. Over the past month, Delhivery has outperformed the benchmark significantly, with a return of 15.50% compared to the Sensex's 1.02%. Despite these positive short-term movements, the stock's long-term performance remains a concern, as it has underperformed the benchmark over three years, with a decline of 30.36% compared to the Sensex's gain of 53.71%. This juxtaposition of strong short-term performance against weak long-term fundamentals creates a complex picture for investors.