Why is LGB Forge falling/rising?

As of 24-Sep, LGB Forge Ltd's stock price is currently at 9.70, reflecting an increase of 0.04 or 0.41%. The stock has shown a positive performance today, outperforming its sector by 2.17%, and has been on a gaining streak for the last five days, with a total return of 3.63% during this period. Despite this recent uptick, the stock has experienced a decline of 1.02% over the past month and a significant drop of 41.21% year-to-date. The company has reported positive results for the last three consecutive quarters, with notable growth in net sales and operating cash flow, which may have contributed to the recent price increase. However, the stock faces challenges due to weak long-term fundamental strength, including a low return on capital employed and high debt levels, which could temper investor enthusiasm.
In the broader market context, LGB Forge's short-term return of 3.63% over the past week stands in stark contrast to the Sensex, which has declined by 1.18% during the same period. This indicates that the stock is currently performing well relative to the market. However, the company's long-term performance remains a concern, as it has underperformed the benchmark significantly over the past year and three years. The stock's valuation is considered expensive relative to its fundamentals, despite trading at a discount compared to peers. Overall, while recent positive results may have provided a short-term boost, the underlying weaknesses in the company's financial health could pose risks for sustained growth.