Why is Longspur Intl falling/rising?

As of 01-Sep, Longspur International Ventures Ltd is experiencing a price increase, currently at 7.61, reflecting a change of 0.14 or 1.87% upward. The stock has been on a positive trajectory, gaining for the last 18 days and achieving a remarkable 40.93% return over the past month, despite underperforming its sector by 0.65% today. It is trading above all key moving averages, indicating strong short-term momentum. However, there are concerns regarding falling investor participation, as the delivery volume has decreased significantly by 61.74% compared to the 5-day average. While the stock has shown a negative return of -4.52% over the past year, its profits have increased by 22%, and it is trading at a discount relative to its peers, supported by an attractive valuation with a Price to Book Value of 0.4.
In the broader market context, Longspur's short-term performance stands in stark contrast to the Sensex, which has declined by 1.56% over the past week. This indicates that the stock is gaining traction even as the overall market faces challenges. Despite the positive short-term returns, the company faces long-term fundamental weaknesses, including a low average Return on Equity (ROE) of 0.34% and a poor EBIT to Interest ratio of 0.36%, which may raise concerns among investors about its sustainability. Overall, while the stock is currently rising, the underlying financial health and market conditions present a mixed outlook.