Why is Goodricke Group falling/rising?

As of 25-Jul, Goodricke Group Ltd's stock price is rising, currently at 232.10, reflecting an increase of 2.1 (0.91%). The stock has shown strong performance recently, with a consecutive gain over the last two days and a total return of 2.52% during this period. It has outperformed its sector by 2.5% today and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite a year-to-date decline of 19.91%, the stock has generated an impressive 18.63% return over the past year, contrasting with the broader market's negative performance. However, the company faces significant challenges, including operating losses and weak long-term fundamental strength, as indicated by a poor EBIT to Interest ratio and declining net sales, profit before tax, and profit after tax compared to previous quarters.
In the broader market context, Goodricke Group's recent short-term return of 3.16% over the past week stands in stark contrast to the Sensex, which has declined by 0.36% during the same period. This indicates that the stock is performing well relative to the market, despite its overall negative year-to-date performance. The stock's ability to attract rising investor participation, evidenced by a significant increase in delivery volume, suggests a growing interest among traders. However, the low stake held by domestic mutual funds may indicate a lack of confidence in the company's long-term prospects, which could temper the stock's upward momentum in the future.