Why is Gourmet Gateway falling/rising?

As of 30-Sep, Gourmet Gateway India Ltd is experiencing a price increase, currently at 18.27, reflecting a change of 0.87 or 5.0% upward. The stock has shown strong performance recently, with a consecutive gain over the last four days and a remarkable return of 39.57% during this period. Additionally, it has outperformed its sector by 4.7% today. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. However, it is important to note that promoter holding has decreased to 46.94%, which could raise concerns among investors about long-term stability. The company has also reported weak long-term fundamentals, with an average Return on Equity (ROE) of 4.35% and a significant decline in operating profit.
In the broader market context, the stock's short-term performance contrasts sharply with the benchmark, as it has gained 39.47% over the past week while the Sensex has declined by 2.23%. Despite this recent surge, the stock has underperformed over the longer term, with a year-to-date decline of 25.40% compared to a 2.72% increase in the benchmark. This suggests that while the stock is currently rising, it has faced significant challenges over the past year, including a steep drop in profits and a negative return of -27.90%. Overall, the recent price increase may be driven by short-term investor enthusiasm, but underlying fundamental weaknesses remain a concern.