Why is Elantas Beck falling/rising?

As of 10-Jul, Elantas Beck India Ltd's stock price is rising, currently at 12,460.00, reflecting an increase of 739.95 or 6.31%. The stock has been gaining momentum, having outperformed its sector by 7.67% today and achieving a consecutive gain over the last three days with a total return of 9.3%. It has also shown strong performance over the past month, with a return of 19.17%, while consistently trading above its moving averages across various timeframes. However, there are concerns regarding falling investor participation, as delivery volume has decreased significantly, indicating potential liquidity issues. Despite these concerns, the company boasts a high management efficiency with a return on equity (ROE) of 15.14% and a low debt-to-equity ratio, which supports its recent positive price movement.
In the broader market context, Elantas Beck's short-term performance has been notably better than the benchmark, as it has gained 0.34% over the past week while the Sensex has declined by 0.06%. Although the stock has generated an 11.73% return over the past year, it has faced challenges with a decline in profits and a relatively expensive valuation compared to its peers. The company's net sales growth has been modest at an annual rate of 14.19% over the last five years, and recent operating cash flow results have been disappointing. These mixed signals suggest that while the stock is currently rising, there are underlying factors that could affect its long-term growth potential.