Why is Nutech Global falling/rising?

As of 10-Jul, Nutech Global Ltd's stock price is rising, currently at Rs 27.35, reflecting an increase of 1.3 or 4.99%. Today, the stock has outperformed its sector by 5.29% and has shown a trend reversal after three consecutive days of decline. It opened with a gain of 4.99% and reached an intraday high of Rs 27.35, maintaining this price throughout the trading session. Over the past year, the stock has generated a return of 42.45%, significantly higher than the market average, although it has faced challenges with a 20% decline in profits. The stock is trading at a discount compared to its peers, which may attract investors despite its weak long-term fundamentals, including a high Debt to EBITDA ratio and declining operating profits.
In the broader market context, Nutech Global's short-term performance contrasts with the Sensex, which has shown minimal movement with a change of -0.06% over the past week. While the stock has experienced a notable rise today, its year-to-date performance remains negative at -7.85%, indicating that despite today's gains, the stock has struggled in the longer term compared to the benchmark's positive return of 6.46%. This suggests that while the stock is currently gaining traction, it faces ongoing challenges that may impact its future performance.