Why is Porwal Auto Comp falling/rising?

As of 16-Sep, Porwal Auto Components Ltd is currently priced at 64.70, reflecting a slight increase of 0.2 (0.31%). The stock has shown a positive trend, gaining 2.36% over the last two days and outperforming the Sensex with a 6.24% increase over the past week and a notable 24.42% rise over the past month. Despite this upward movement, it underperformed its sector today by 1.16%. The stock is trading above its moving averages across various time frames, indicating a strong short-term performance. However, there are concerns regarding its long-term fundamentals, as evidenced by a weak Return on Capital Employed (ROCE) of 4.18% and a declining profit trend, which may temper investor enthusiasm.
Broader market context shows that while Porwal Auto Components has performed well in the short term, its returns over the past year are modest at 0.42%, contrasting with the Sensex's decline of 0.73%. The stock's impressive gains over three years at 167.91% and five years at 386.47% highlight its strong historical performance relative to the broader market. However, the significant drop in profits by 56.4% over the past year raises questions about sustainability, suggesting that while current investor participation is rising, the stock's long-term outlook may be clouded by fundamental weaknesses.