Why is Guj Apollo Inds falling/rising?

As of 14-Jul, Gujarat Apollo Industries Ltd is experiencing a significant rise in its stock price, currently at 402.00, reflecting an increase of 30.85 (8.31%). The stock has shown strong performance today, outperforming its sector by 8.75% and opening with a gain of 9.13%. It has also reversed a trend of three consecutive days of decline, reaching an intraday high of Rs 411.55. Over the past week, the stock has increased by 5.07%, and its year-to-date return stands at an impressive 23.84%. However, despite this positive movement, the company faces challenges, including operating losses and a negative return on capital employed, which have contributed to a weak long-term fundamental strength.
In the broader market context, while Gujarat Apollo Industries Ltd has outperformed the benchmark Sensex in the short term, with a 1-week return of +5.07% compared to the Sensex's -1.42%, the stock's overall performance over the past year has been notable, generating a return of 52.82% against the market's 2.15%. Despite these gains, the company has reported negative results for the last five consecutive quarters, indicating underlying financial difficulties. This juxtaposition of strong short-term price movement against a backdrop of operational challenges suggests that while the stock is currently rising, it remains a risky investment due to its weak fundamentals and declining profitability.