Why is Mayur Floorings falling/rising?

As of 26-Jun, Mayur Floorings Ltd is experiencing a price increase, currently at 16.89, reflecting a rise of 0.77 or 4.78%. The stock has shown strong performance today, outperforming its sector by 3.96%. It is trading above all its moving averages, indicating positive momentum. Over the past week, the stock has risen by 8.97%, and in the last month, it has surged by 46.61%. Despite a significant return of 52.30% over the past year, it is important to note that the company's profits have declined by 137%, which raises concerns about its long-term fundamentals. The stock is currently trading at a discount compared to its peers, which may attract investors looking for value.
In the broader market context, Mayur Floorings has outperformed the Sensex, which has only increased by 2.94% over the past week. The stock's liquidity is sufficient for trading, with a notable increase in delivery volume, suggesting rising investor participation. However, the company's weak long-term growth indicators, such as a low average Return on Capital Employed (ROCE) of 1.89% and poor debt servicing ability, could pose risks to its future performance. Overall, while the stock is currently rising, its long-term outlook remains uncertain due to these fundamental weaknesses.