Why is Orissa Bengal falling/rising?

As of 17-Sep, Orissa Bengal Carrier Ltd's stock price is rising, currently at Rs 58.97, reflecting an increase of 2.9 or 5.17%. The stock has shown a positive trend today, outperforming its sector by 5.08% and reversing a two-day decline. It opened with a significant gain of 8.79%, reaching an intraday high of Rs 61. Despite this upward movement, there has been a notable decrease in investor participation, with delivery volume falling by 58.88% compared to the five-day average. The stock is trading above its moving averages, indicating a bullish trend, but the company's long-term fundamentals remain weak, with a -29.14% CAGR growth in operating profits over the last five years and a significant drop in profits by 91.9% over the past year. However, the recent increase in promoter stake by 1.45% signals rising confidence in the company's future.
In the broader market context, Orissa Bengal's short-term performance has outpaced the Sensex, with a 1-week return of +3.09% compared to the benchmark's +1.56%. This suggests that while the stock is experiencing a positive movement relative to the market, its long-term performance has been lackluster, as evidenced by a -43.52% return over three years compared to the Sensex's +40.54%. The stock's current rise may be driven by short-term trading dynamics and promoter confidence, but the underlying fundamentals indicate challenges that could affect its sustainability in the long run.