Why is Nalwa Sons Invst falling/rising?

As of 06-Oct, Nalwa Sons Investments Ltd is experiencing a price increase, currently at Rs 7,980.00, reflecting a rise of 72.8 points or 0.92%. The stock has shown a strong performance recently, gaining 8.61% over the last five days and outperforming the benchmark Sensex, which has only increased by 1.77% in the same period. It opened with a significant gain of 3.7% today and reached an intraday high of Rs 8,340. Despite this positive momentum, the stock has underperformed its sector by 0.29%. The stock is trading above all major moving averages, indicating a bullish trend, and there has been a notable increase in investor participation, with delivery volume rising by 253.75% against the five-day average. However, the stock is trading at a premium compared to its peers, and its profits have fallen by 36.3% over the past year, which may raise concerns among investors.
In the broader market context, Nalwa Sons Investments Ltd has outperformed the Sensex significantly over the past week and month, with returns of 8.49% and 12.38%, respectively, compared to the benchmark's 1.77% and 1.34%. While the stock has shown impressive returns over the last three years, it faces challenges due to weak long-term fundamentals, as indicated by an average Return on Equity (ROE) of 0.67% and a substantial decline in profit after tax. Additionally, the minimal stake held by domestic mutual funds suggests a lack of confidence in the stock's valuation at current levels. These factors contribute to a complex picture of rising prices amid underlying concerns about the company's financial health.