Why is Garware Marine falling/rising?

As of 26-Jun, Garware Marine Industries Ltd is experiencing a price increase, with its current price at Rs 28.99, reflecting a rise of 1.38 (5.0%). The stock has shown strong performance recently, gaining 15.73% over the last three days and outperforming its sector by 4.86% today. Additionally, it has generated a remarkable return of 172.46% over the past year, significantly higher than the market's average return of 4.11%. However, despite this impressive short-term performance, the company faces challenges such as weak long-term fundamental strength, indicated by a low average Return on Equity (ROE) of 1.29% and poor growth in net sales and operating profit over the last five years.
In the broader market context, Garware Marine's short-term return of 7.81% over the past week outpaces the benchmark Sensex, which has only increased by 2.94% in the same period. This indicates that the stock is currently favored by investors compared to the overall market. However, the stock's long-term outlook remains concerning due to its weak financial fundamentals and high valuation metrics, which could affect investor sentiment moving forward. Despite the recent gains, the falling investor participation, as evidenced by a 25.27% drop in delivery volume, suggests caution among traders regarding the stock's sustainability at these levels.