Why is Lak. Electrical falling/rising?

As of 04-Jul, Lakshmi Electrical Control Systems Ltd's stock price is rising, currently at Rs 1,212.00, reflecting an increase of Rs 49.75 or 4.28%. The stock has shown strong performance recently, gaining 18.24% over the past week and outperforming its sector by 3.86% today. It has been on a consecutive gain streak for the last four days, with an intraday high of Rs 1,220. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating positive momentum. However, despite these short-term gains, the company faces challenges such as low profitability, with a Return on Equity (ROE) of only 5.08%, and negative results over the last six quarters, which could impact investor sentiment in the long run.
In the broader market context, while Lakshmi Electrical has outperformed the Sensex by a significant margin in the short term, with a 1-week return of +18.24% compared to the Sensex's -0.74%, it has underperformed over the longer term, with a year-to-date return of -1.78% against the Sensex's +6.77%. This disparity highlights the stock's volatility and potential investor concerns regarding its long-term growth prospects, especially given its low sales growth and declining profits. The stock's recent rise may be attributed to increased investor participation and trading volume, but the underlying financial metrics suggest caution for potential investors.