Why is PTC Industries falling/rising?

As of 17-Sep, PTC Industries Ltd is experiencing a price increase, currently at Rs 15,370.00, reflecting a rise of Rs 735.0 or 5.02%. The stock has shown strong performance recently, gaining 8.78% over the last three days and outperforming its sector by 3.55% today. Additionally, it has demonstrated impressive returns over various periods, including a 551.30% increase over the last three years and a 14.33% rise year-to-date. However, despite these positive movements, there are concerns regarding its long-term fundamental strength, as indicated by a low average Return on Equity (ROE) of 5.78% and a significant drop in profit after tax in the latest quarter.
In the broader market context, PTC Industries has outperformed the Sensex, which has only risen by 1.56% over the past week, while PTC Industries has increased by 9.79% in the same timeframe. This strong short-term performance relative to the benchmark suggests that investor sentiment may be favoring PTC Industries despite its underlying financial challenges. The stock's liquidity remains adequate for trading, but a notable decline in delivery volume indicates a potential decrease in investor participation, which could impact future price movements. Overall, while the stock is currently rising, the mixed signals from its financial fundamentals warrant caution.