Why is Mehai Technology falling/rising?

As of 16-Sep, Mehai Technology Ltd's stock price is currently at 14.91, reflecting an increase of 0.66 or 4.63%. Today's price summary indicates that the stock has outperformed its sector by 4.28% and has experienced a trend reversal, gaining after two consecutive days of decline. The stock's performance over the past week shows a notable increase of 9.79%, although it has faced a decline of 13.06% over the past month. Positive factors contributing to this rise include impressive growth in net sales and operating profit, with net sales increasing at an annual rate of 186.25% and positive results declared for the last four consecutive quarters. However, the company also faces challenges, such as low management efficiency indicated by a low return on capital employed (ROCE) of 5.99% and a high debt-to-EBITDA ratio of 4.04 times, which raises concerns about its ability to service debt. In the broader market context, while the stock has generated a remarkable return of 96.06% over the past year, the benchmark index, Sensex, has only seen a slight decline of 0.73% during the same period. This indicates that Mehai Technology has significantly outperformed the market despite its recent struggles. The stock's short-term performance, particularly its 9.79% increase over the past week compared to the Sensex's 1.58% rise, further underscores its relative strength in the market. However, the lack of domestic mutual fund investment may suggest caution among institutional investors regarding the stock's valuation and management efficiency.