Why is LGB Forge falling/rising?

As of 22-Sep, LGB Forge Ltd's stock price is currently at 9.65, reflecting an increase of 0.17 or 1.79%. The stock has shown positive momentum, gaining for the last three consecutive days with a total return of 3.1% during this period. It has outperformed its sector by 2.69% today. However, despite this short-term gain, the stock has a mixed performance over longer periods, with a 1-month decline of 1.53% and a year-to-date drop of 41.52%. The company has reported positive results for the last three quarters, including its highest operating cash flow and operating profit margins, which may contribute to the recent uptick in stock price. Nonetheless, the stock's long-term fundamentals are concerning, with a low return on capital employed and a high debt-to-EBITDA ratio, indicating potential challenges ahead.
In the broader market context, LGB Forge's short-term performance of +3.21% over the past week significantly outpaces the Sensex, which has only risen by 0.46% in the same timeframe. This suggests that the stock is gaining traction relative to the overall market, despite its long-term struggles. The stock's liquidity remains adequate for trading, although there has been a decline in investor participation, as evidenced by a drop in delivery volume. Overall, while the recent positive quarterly results may have provided a temporary boost, the underlying weak fundamentals and declining investor interest could pose risks to sustained growth.