Why is Exxaro Tiles falling/rising?

As of 05-Jun, Exxaro Tiles Ltd is experiencing a price increase, currently trading at 9.40, which reflects a rise of 0.43 or 4.79%. The stock has shown strong performance recently, with a consecutive gain over the last two days resulting in a total return of 16.48%. Additionally, it has outperformed its sector by 4.7% today. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating positive momentum. The company has reported impressive financial results, including a 183.06% growth in net profit and positive results for the last two consecutive quarters, contributing to investor confidence. However, it is important to note that while the stock has generated a return of 2.26% over the past year, its profits have significantly declined by 83.1%, which raises concerns about its long-term sustainability.
In the broader market context, Exxaro Tiles has outperformed the Sensex benchmark over the past week, with a return of 16.05% compared to a slight decline of 0.23% for the index. This strong short-term performance contrasts with the stock's longer-term challenges, including a weak -7.98% CAGR growth in operating profits over the last five years and a low return on equity of 1.30%. Additionally, there has been a decrease in institutional investor participation, which may signal caution among more experienced investors. Despite the recent positive price movement, the stock's technical indicators suggest it is in a mildly bearish range, indicating potential volatility ahead.