Why is Garware Marine falling/rising?

As of 03-Jul, Garware Marine Industries Ltd is experiencing a price increase, currently at 34.89, reflecting a rise of 0.68 or 1.99%. The stock has shown strong performance, gaining 39.28% over the last eight days and outperforming its sector by 1.97% today. Over the past week, the stock has surged by 20.35%, and it has delivered impressive returns of 157.49% over the past year, significantly outpacing the BSE500 index. However, despite this strong performance, the company faces challenges, including weak long-term fundamental strength indicated by a low return on equity (ROE) of 1.29% and a concerning EBIT to Interest ratio of -0.06, which may impact investor sentiment in the long run.
In the broader market context, while Garware Marine has outperformed the Sensex, which has declined by 0.62% over the past week, the stock's recent gains highlight its resilience and attractiveness to investors despite underlying weaknesses. The stock's liquidity remains adequate, but there has been a decline in delivery volume, which could signal a potential shift in investor participation. Overall, while the stock is currently rising due to strong short-term performance and market-beating returns, the long-term fundamentals suggest caution for potential investors.