Why is Linc falling/rising?

As of 24-Jun, Linc Ltd's stock price is currently at 144.85, reflecting an increase of 7.0 or 5.08%. The stock has shown strong performance today, outperforming its sector by 0.73% and reaching an intraday high of Rs 146.5. Additionally, Linc is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite a year-to-date decline of 10.06%, the company reported positive quarterly results with net sales at Rs 153.93 crore and a notable increase in operating profit margins. The recent increase in promoter stake by 1.59% indicates rising confidence in the company's future, which may contribute to the stock's upward movement.
In the broader market context, Linc's short-term return of +3.98% over the past week significantly outpaces the Sensex's return of +0.58%. However, the stock has struggled over the longer term, with a year-to-date decline compared to the Sensex's gain of 5.01%. The printing and stationery sector has also seen a gain of 4.34%, which may be supporting Linc's performance. Despite the positive short-term indicators, concerns about long-term growth persist due to modest annual growth rates in net sales and operating profit over the past five years.