Why is Mold-Tek Technol falling/rising?

As of 26-Jun, Mold-Tek Technologies Ltd is experiencing a price increase, currently at Rs 167.85, reflecting a rise of 2.8 or 1.7%. The stock has shown strong performance recently, gaining 12.88% over the last three days and outperforming its sector by 1.79% today. Additionally, the stock has demonstrated impressive returns over the past week and month, with increases of 13.14% and 15.76%, respectively. However, it is important to note that the company has faced challenges, including a significant decline in net sales and negative results in the last two quarters, which have contributed to a year-to-date drop of 14.86% and a one-year decline of 36.11%. Despite these negatives, the company boasts a high return on equity (ROE) of 19.22% and a low debt-to-equity ratio, indicating strong management efficiency.
In the broader market context, Mold-Tek Technologies Ltd's recent short-term performance has significantly outpaced the benchmark Sensex, which has only increased by 2.94% over the past week and 1.92% over the past month. However, the stock's long-term performance remains concerning, as it has underperformed the market over the past year, with a return of -36.11% compared to the Sensex's 6.46%. This disparity highlights the stock's volatility and the challenges it faces in maintaining investor confidence despite recent gains.