Why is Guj. Craft Inds falling/rising?

As of 09-Sep, Gujarat Craft Industries Ltd is experiencing a price increase, currently at Rs 133.00, reflecting a rise of 3.75 or 2.9%. The stock has shown strong performance today, outperforming its sector by 4.24% and has gained consecutively for the last two days, accumulating a total return of 3.06%. Notably, the stock opened with a significant gain of 12.03% today and reached an intraday high of Rs 144.8. Despite this positive movement, the stock has a year-to-date decline of 27.42% and has generated a return of -4.97% over the past year, indicating underlying challenges. The company's return on capital employed (ROCE) is relatively low at 6.5%, and while it trades at a discount compared to peers, its profits have decreased by 11.6% over the past year.
In the broader market context, Gujarat Craft Industries Ltd's short-term return of 2.94% over the past week outpaces the Sensex's return of 1.18%, suggesting a favorable short-term sentiment among investors. However, the stock's long-term performance remains concerning, as it has underperformed the BSE500 over the last three years, one year, and three months. The company's weak long-term fundamentals, including a high debt-to-EBITDA ratio and low growth in net sales and operating profit, contribute to a cautious outlook despite the recent price increase.