Why is Inspirisys Sol. falling/rising?

As of 30-Jun, Inspirisys Solutions Ltd is experiencing a significant rise in its stock price, currently at Rs 113.85, reflecting an increase of 7.45 or 7.0%. The stock has shown strong performance today, outperforming its sector by 6.74% and has been on a gaining streak for the last three days, accumulating a total return of 13.79% during this period. It opened with a gain of 2.44% and reached an intraday high of Rs 115. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Additionally, the company reported impressive quarterly results with a 133.5% growth in PAT and a 21.99% increase in net sales, contributing to a favorable valuation despite its high debt levels.
In the broader market context, Inspirisys Solutions Ltd has outperformed the Sensex over the past week with a return of 13.74% compared to the benchmark's 2.09%. While the stock has generated a negative return of -1.34% over the past year, its profits have surged by 224.4%, suggesting a potential for recovery. However, the company faces challenges with high debt and weak long-term growth, as indicated by a -3.28% annual growth rate in net sales over the last five years. Despite these concerns, the stock's attractive valuation relative to its peers and rising investor participation have contributed to its recent upward movement.