Why is Nutech Global falling/rising?

As of 17-Jul, Nutech Global Ltd's stock price is rising, currently at Rs 26.07, reflecting an increase of 1.24 (4.99%). The stock has been gaining momentum, with a consecutive gain over the last two days resulting in a total return of 10.23%. It opened with a gain of 4.99% today and has maintained this price level throughout the trading session. Over the past month, the stock has shown a significant return of 30.94%, outperforming the benchmark Sensex, which only increased by 0.83%. However, it is important to note that the stock has experienced a decline of 12.16% year-to-date, despite a strong one-year return of 41.68%. The stock is trading at a discount compared to its peers, and while it has attractive valuation metrics, it has also faced challenges such as a decline in profits by 20% over the past year.
In the broader market context, Nutech Global's recent performance has outpaced the benchmark, as it has outperformed the sector by 4.71% today. The stock's strong short-term gains contrast with its year-to-date performance, which lags behind the Sensex's 5.27% increase. Despite the positive short-term momentum and rising investor participation, the company faces long-term fundamental challenges, including a high Debt to EBITDA ratio and a negative CAGR growth in operating profits over the last five years. These factors contribute to a mixed outlook, as the stock's recent rise may not be sustainable in the face of underlying financial weaknesses.