Why is Garnet Intl. falling/rising?

As of 03-Jul, Garnet International Ltd's stock price is currently at 131.25, reflecting an increase of 0.65 or 0.5%. The stock has demonstrated strong performance recently, gaining 12.47% over the last eight days and outperforming its sector by 1.02% today. In terms of returns, Garnet has shown a remarkable increase of 67.54% over the past year and 254.73% over the last three years, indicating a solid long-term performance despite a year-to-date decline of 22.34%. However, the stock faces challenges with weak long-term fundamentals, as evidenced by a low return on equity of 2.67% and negative growth in net sales.
In the broader market context, Garnet's short-term performance has significantly outpaced the benchmark, with a 4.67% increase over the past week compared to a decline of 0.62% in the Sensex. Despite this positive short-term trend, the stock's long-term growth prospects appear weak, which may temper investor enthusiasm. Additionally, a notable decrease in delivery volume by 51.77% against the five-day average suggests a potential decline in investor participation, which could impact future price movements. Overall, while Garnet International Ltd has shown impressive short-term gains, underlying fundamental weaknesses may pose risks moving forward.