Why is Garnet Intl. falling/rising?

As of 01-Jul, Garnet International Ltd is experiencing a price increase, currently at 129.00, reflecting a change of 0.4 (0.31%) upward. The stock has shown strong performance recently, gaining 10.54% over the last six days and outperforming its sector by 0.45% today. In terms of returns, the stock has increased by 9.88% over the past week and 6.79% over the past month, while it has generated a remarkable 93.87% return over the last year. However, it is important to note that despite these short-term gains, the company has weak long-term fundamentals, with a low average Return on Equity (ROE) of 2.67% and negative growth in net sales.
In the broader market context, Garnet International Ltd's recent performance has significantly outpaced the Sensex, which has only risen by 2.00% over the past week and 2.76% over the past month. This indicates that the stock is currently benefiting from heightened investor interest and participation, as evidenced by a 10.89% increase in delivery volume compared to the five-day average. However, the company faces challenges due to its poor long-term growth prospects, as indicated by a substantial decline in net sales and profits in recent financial results. While the stock's recent gains are impressive, the underlying financial weaknesses could pose risks for future performance.