Why is Nutech Global falling/rising?

As of 24-Jun, Nutech Global Ltd's stock price is rising, currently at Rs 25.30, reflecting an increase of 1.2 (4.98%). The stock has been on a positive trajectory, gaining for the last six days with a total return of 33.37% during this period. It opened today with a gain of 4.98% and has consistently traded at this price level. Additionally, Nutech Global has outperformed its sector by 3.94% today and has shown strong short-term performance with a 27.07% increase over the past week and a 29.08% return over the past year, despite a decline in profits of 20% during that time. The stock is trading at a discount compared to its peers, which contributes to its attractive valuation, although it has a weak long-term fundamental strength indicated by a -9.71% CAGR growth in operating profits over the last five years.
In the broader market context, Nutech Global's recent performance has significantly outpaced the Sensex, which has only increased by 0.58% over the past week. This strong short-term return highlights the stock's resilience and appeal to investors, particularly given its market-beating performance over the last three years. However, it is important to note that the stock's long-term outlook is clouded by a high Debt to EBITDA ratio and low profitability per unit of shareholders' funds, which may temper enthusiasm among potential investors.