Why is Porwal Auto Comp falling/rising?

As of 09-Jun, Porwal Auto Components Ltd is currently priced at Rs 50.00, reflecting an increase of Rs 2.76 or 5.84%. The stock has shown a strong performance today, outperforming its sector by 2.76% and has gained consecutively over the last two days, accumulating a total return of 6.72% during this period. The stock reached an intraday high of Rs 52, indicating significant upward momentum, although it also experienced a low of Rs 46.1, showcasing high volatility with an intraday fluctuation of 6.01%. Despite these positive short-term movements, the company has reported weak long-term fundamentals, including a -0.97% CAGR growth in operating profits over the last five years and a low return on equity of 2.02%, which may temper investor enthusiasm.
In the broader market context, the stock has outperformed the benchmark Sensex in the short term, with a weekly return of 8.08% compared to the Sensex's 1.32%. However, it has underperformed over the longer term, with a year-to-date decline of -12.43% against the Sensex's gain of 5.51%. The recent positive quarterly results, which marked a turnaround after two consecutive negative quarters, may have contributed to the stock's recent rise, but the overall weak profitability indicators and high valuation compared to peers suggest caution among investors.