Why is Intec Capital falling/rising?

As of 17-Jul, Intec Capital Ltd's stock price is currently at Rs 16.85, reflecting an increase of Rs 1.0 or 6.31%. Today's price summary indicates that the stock opened lower, down by 3.79%, but reached an intraday high of Rs 16.85, showcasing a significant recovery. Despite this, the stock has exhibited high volatility with a wide trading range of Rs 2.14 and a notable drop in delivery volume, which fell by 65.76% compared to the 5-day average. The stock has outperformed its sector by 6.64% today. While the company reported very positive results with a remarkable growth in net sales of 634.15%, it also faces challenges such as weak long-term fundamental strength, evidenced by a low return on equity (ROE) of 0.79% and a declining annual growth rate in net sales of -24.82%. Additionally, promoter confidence appears to be waning, as they have reduced their stake by 0.67% in the last quarter.
In the broader market context, Intec Capital's short-term performance has been strong, with a 5.31% increase over the past week, contrasting sharply with the Sensex, which has declined by 1.12% during the same period. Over the past month, the stock has risen by 6.65%, while the Sensex has only increased by 0.83%. This indicates that Intec Capital is currently outperforming the broader market, despite its long-term challenges and the recent decline in investor participation. The stock's recent price movements reflect a complex interplay of positive earnings results and negative sentiment regarding its long-term growth potential.