Why is Pudumjee Paper falling/rising?

As of 04-Aug, Pudumjee Paper Products Ltd is currently priced at 125.30, reflecting a slight increase of 0.27 or 0.22%. The stock has been gaining momentum, having risen 8.25% over the last three days, and it has outperformed the Sensex with a 7.55% increase over the past week compared to the benchmark's 0.16%. The stock is trading above its 5-day, 20-day, 50-day, and 100-day moving averages, indicating positive short-term momentum, although it remains below the 200-day moving average. Despite a low debt-to-equity ratio of 0.02 and a return on equity of 17.9%, the company has experienced a decline in profits over the past year, which may temper investor enthusiasm.
In the broader market context, Pudumjee Paper's recent performance contrasts with the Sensex, which has declined by 2.89% over the past month, highlighting the stock's relative strength in the short term. However, the company's long-term growth prospects appear limited, with net sales growing at an annual rate of only 9.69% over the last five years and a significant drop in profit after tax. Additionally, the lack of investment from domestic mutual funds may indicate a lack of confidence in the stock's valuation or business model. Overall, while the stock is experiencing short-term gains, concerns about its long-term growth and profitability could influence future price movements.