Why is Greaves Cotton falling/rising?

As of 15-Jul, Greaves Cotton Ltd. has experienced a price increase, currently trading at Rs 212.50, reflecting a rise of 9.2 points or 4.53%. The stock has shown a positive performance today, outperforming its sector by 2.79% and achieving a consecutive gain over the last two days, with a total return of 5.51% during this period. Additionally, the stock has generated a notable return of 26.04% over the past year, significantly higher than the market's return of 0.37%. However, despite these positive indicators, the company faces challenges such as a weak long-term fundamental strength, evidenced by a -26.39% CAGR growth in operating profits over the last five years and a low return on equity of 4.4, which suggests expensive valuation relative to its peers.
In the broader market context, Greaves Cotton's short-term return of +6.20% over the past week contrasts sharply with the Sensex, which has declined by -1.36% during the same period. This indicates that the stock is performing well relative to the market. However, the company’s weak fundamentals, including a poor EBIT to interest ratio and a significant drop in profits over the past year, may raise concerns among investors, as reflected in the low domestic mutual fund holdings of only 1.32%. While the stock is currently rising, these underlying issues could impact its long-term viability and investor confidence.