Why is Heranba Inds falling/rising?

As of 26-Jun, Heranba Industries Ltd's stock price is currently at Rs 310.00, reflecting an increase of Rs 9.9, or 3.3%. The stock has shown a strong performance recently, gaining 10.36% over the past week and outperforming its sector by 3.61% today. It has been on a consecutive gain streak for the last five days, reaching an intraday high of Rs 316.95. However, despite these short-term gains, the stock has experienced a significant decline of 24.57% year-to-date and a 15.59% drop over the past year, indicating ongoing challenges. The company has a low Return on Capital Employed (ROCE) of 3.6 and has reported operating losses, which contribute to its weak long-term fundamental strength. Additionally, the stock is trading at a discount compared to its peers, but the negative trend in profitability, with profits falling by 18.6%, raises concerns.
In the broader market context, Heranba Industries Ltd's recent short-term performance of +10.36% over the past week significantly outpaces the Sensex, which has only increased by 2.94% in the same period. This suggests that while the stock is currently gaining traction, it has consistently underperformed against the benchmark over the last three years. The lack of domestic mutual fund investment, which stands at 0%, may indicate a lack of confidence in the stock's long-term prospects, further complicating its market position. Overall, while the stock is experiencing a short-term rise, the underlying fundamentals and historical performance suggest caution for investors.