Why is Exxaro Tiles falling/rising?

As of 10-Jun, Exxaro Tiles Ltd is experiencing a price increase, with its current price at 9.41, reflecting a change of 0.24 or 2.62% upward. The stock has shown strong performance recently, gaining 5.14% over the last two days and outperforming its sector by 1.02%. Over the past week, Exxaro Tiles has surged by 16.60%, and in the last month, it has risen by 58.15%. The company has reported very positive results, including a 183.06% growth in net profit and strong operating profit metrics, which have contributed to the stock's upward momentum. However, the stock's long-term fundamentals are weak, with a -7.98% CAGR growth in operating profits over the last five years and a low return on equity, indicating potential concerns for future performance.
In the broader market context, Exxaro Tiles' recent short-term returns significantly outpace the benchmark Sensex, which has only increased by 2.05% over the past week and 3.70% over the past month. Despite this strong short-term performance, the stock has consistently underperformed against the benchmark over the last three years, generating a -2.04% return in the past year. Additionally, there has been a decline in institutional investor participation, which may signal caution among more experienced investors. Overall, while the stock is currently rising due to recent positive financial results and short-term gains, its long-term outlook remains uncertain due to fundamental weaknesses and historical underperformance.