Why is Indostar Capital falling/rising?

As of 04-Nov, Indostar Capital Finance Ltd's stock price is rising, currently at 270.20, reflecting an increase of 13.15 or 5.12%. The stock has shown strong performance recently, gaining 11.51% over the last two days and outperforming its sector by 5.09%. Additionally, the stock has seen a significant increase in investor participation, with delivery volume rising by 220.53% against the 5-day average. While the stock has generated a return of -0.88% over the past year, it has recently reported a substantial growth in profit after tax, increasing by 113.4% compared to the previous four-quarter average. The company's debt-equity ratio is at its lowest, indicating improved financial stability, and it is trading at a discount compared to its peers, which may attract investors.
In the broader market context, the stock's short-term return of +11.63% over the past week contrasts sharply with the Sensex, which has declined by 1.38% during the same period. This outperformance suggests that Indostar Capital is gaining traction among investors despite broader market challenges. However, it is important to note that the company faces long-term fundamental weaknesses, with a low return on equity and poor growth rates in net sales and operating profit. The lack of investment from domestic mutual funds may also indicate a lack of confidence in the company's long-term prospects, which could temper enthusiasm despite the recent price rise.