Why is Hittco Tools falling/rising?

As of 10-Jul, Hittco Tools Ltd is experiencing a price increase, currently at 14.99, reflecting a rise of 0.96 or 6.84%. The stock has shown a strong performance today, outperforming its sector by 6.6% and reversing a two-day decline. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past year, the stock has generated a return of 15.31%, significantly higher than the broader market's return of 1.46%. However, there are concerns regarding the company's long-term fundamental strength, as indicated by a low Return on Capital Employed (ROCE) of 6.88% and a high Debt to EBITDA ratio of 3.18 times, which may impact investor confidence.
In the broader market context, Hittco Tools has outperformed the Sensex, which has seen a slight decline of 0.06% over the past week, while Hittco's stock has risen by 7.07%. Despite this positive short-term performance, the stock's liquidity is a concern, with a significant drop in delivery volume by 79.14% compared to the 5-day average. Additionally, the company's weak long-term growth metrics, such as a mere 3.93% annual growth in net sales and a concerning -50% drop in profits over the past year, suggest that while the stock is currently rising, underlying fundamentals may pose risks for sustained growth.