Why is Latent View falling/rising?

As of 10-Oct, Latent View Analytics Ltd is experiencing a rise in its stock price, currently at Rs 438.00, reflecting an increase of Rs 10.7 or 2.5%. The stock has shown strong performance recently, with a consecutive gain over the last three days, resulting in a total return of 3.64% during this period. Additionally, it has outperformed its sector by 2.69% today. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating positive momentum. The company has also reported positive financial results over the last six quarters, with significant growth in operating cash flow and net sales, although it faces challenges with a low return on equity and high valuation metrics.
In the broader market context, Latent View's short-term return of 5.43% over the past week significantly outpaces the Sensex's return of 1.59%, showcasing its relative strength. However, the stock has struggled over the longer term, with a year-to-date return of -10.47% compared to the Sensex's gain of 5.58%. Despite recent positive movements, the company has seen a decline in institutional investor participation, which could signal concerns about its long-term growth potential. Overall, while the stock is currently rising due to recent performance and positive financial results, its historical underperformance against benchmarks and high valuation may temper investor enthusiasm.