Why is Garware Marine falling/rising?

As of 27-Jun, Garware Marine Industries Ltd is experiencing a price increase, with the current price at Rs 30.43, reflecting a rise of Rs 1.44 or 4.97%. The stock has shown strong performance recently, gaining 21.48% over the last four days and outperforming its sector by 3.12% today. It opened with a gain of 4.35% and reached an intraday high of Rs 30.43. Over the past year, the stock has generated a remarkable return of 172.43%, significantly higher than the market's average return of 4.10%. However, despite this impressive short-term performance, the company has weak long-term fundamentals, with 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 15.44% over the past week and 24.97% over the past month significantly outpaces the Sensex, which has returned 2.00% and 3.07% respectively during the same periods. This strong performance indicates positive investor sentiment, likely driven by rising investor participation and liquidity in the stock. However, the company's long-term challenges, including a weak ability to service debt and a very expensive valuation relative to its peers, may temper enthusiasm among investors looking for sustainable growth.