Why is Mirza Internatio falling/rising?

As of 16-Sep, Mirza International Ltd's stock price is rising, currently at Rs 37.85, reflecting an increase of Rs 4.89 or 14.84%. The stock has shown a significant performance today, outperforming its sector by 14.61% and marking a trend reversal after three consecutive days of decline. It reached an intraday high of Rs 38.49, indicating strong upward momentum. Over the past week, the stock has gained 13.46%, and over the past month, it has risen by 15.93%. However, despite these short-term gains, the company has faced challenges, including a weak long-term fundamental strength with a -35.61% CAGR growth in operating profits over the last five years and a return on equity of only 7.04%, suggesting low profitability.
Broader market context shows that while Mirza International has outperformed the Sensex in the short term, it has consistently underperformed against the benchmark over the last three years, with a return of -14.13% in the past year compared to the Sensex's -0.73%. The stock's recent rise may be attributed to increased investor participation, as evidenced by a 40.19% rise in delivery volume, indicating renewed interest. However, the company's long-term outlook remains concerning due to its flat operating results and expensive valuation relative to peers, which could temper enthusiasm among investors despite the current price increase.