Why is IFL Enterprises falling/rising?

As of 30-Jun, IFL Enterprises Ltd is currently priced at 1.18, reflecting a rise of 0.01 or 0.85%. The stock has shown a positive trend recently, gaining 1.72% over the last two days and outperforming the sector despite underperforming it today by -1.54%. Over the past week, the stock has increased by 4.42%, and it has delivered a remarkable 19.19% return over the past month. The company has reported outstanding results, including a significant growth in net sales of 3524.62% and positive results for the last four consecutive quarters, which have contributed to its recent price movement. However, the stock's long-term fundamentals are weak, with a low return on equity of 3.62% and a concerning EBIT to interest ratio of 0.55, indicating challenges in servicing its debt.
Broader market context shows that while IFL Enterprises has performed well in the short term, it has significantly underperformed the broader market over the last year, with a return of -31.40% compared to the Sensex's gain of 5.79%. Despite its recent gains, the stock's long-term performance remains a concern, as it has lagged behind the benchmark and its peers, which may affect investor sentiment. The stock's current valuation appears expensive relative to its fundamentals, further complicating its outlook in the context of the overall market performance.