Why is Mirza Internatio falling/rising?

As of 17-Sep, Mirza International Ltd's stock price is rising, currently at Rs 42.13, reflecting an increase of Rs 4.28 or 11.31%. The stock has shown strong performance recently, gaining 27.82% over the last two days and outperforming its sector by 10.89% today. It opened with a gain of 2.22% and reached an intraday high of Rs 43.8. Over the past week, the stock has surged by 23.55%, and it has also outperformed the benchmark Sensex, which only increased by 1.56% during the same period. However, despite this recent uptick, the company has faced challenges, including a significant decline in operating profits over the last five years and a negative return on equity, indicating weak long-term fundamental strength.
Broader market context shows that while Mirza International has performed well in the short term, its long-term performance has been lackluster, with a -3.15% return over the past year compared to a slight decline of -0.46% for the Sensex. The stock has consistently underperformed against the benchmark over the last three years, which may raise concerns among investors. Additionally, the low stake held by domestic mutual funds suggests a lack of confidence in the stock's valuation, which is considered expensive relative to its peers. Despite the recent positive momentum, these underlying issues could impact the stock's sustainability in the long run.