Why is Navkar Urban. falling/rising?

As of 01-Sep, Navkar Urbanstructure Ltd is experiencing a price increase, currently at 2.52, which reflects a rise of 0.08 or 3.28%. The stock has shown strong performance recently, gaining 13.51% over the last three days and outperforming its sector by 0.39% today. Additionally, it has demonstrated impressive returns over various periods, including a 186.10% increase year-to-date and a 111.13% rise over the past year. However, despite these positive short-term movements, there are concerns regarding the company's long-term fundamentals, including a significant decline in operating profits and a low return on equity, which may impact investor sentiment.
In the broader market context, Navkar Urbanstructure Ltd has outperformed the benchmark Sensex, which has declined by 1.56% over the past week while the stock has risen by 8.62%. This trend of outperforming the benchmark is consistent across multiple time frames, indicating strong market confidence in the stock despite its underlying financial challenges. The construction material sector has also seen gains, which may contribute to the stock's positive momentum. However, the company's weak ability to service its debt and negative EBITDA suggest that caution is warranted, as these factors could pose risks to its sustained performance.