Why is Ravindra Energy falling/rising?

As of 13-Nov, Ravindra Energy Ltd's stock price is currently at Rs 168.50, reflecting an increase of Rs 4.25, or 2.59%. The stock has been on an upward trend, gaining for the last three consecutive days with a total return of 5.54% during this period. It has outperformed its sector by 2.34% today and is trading above all key moving averages, indicating strong momentum. Additionally, the company reported a significant growth in net profit of 30.02% and has shown positive results for the last three quarters, contributing to its robust performance. However, there are concerns regarding its long-term fundamental strength, particularly a -6.36% CAGR growth in net sales over the last five years and a high Debt to EBITDA ratio, which may affect investor sentiment.
In the broader market context, Ravindra Energy's short-term performance has outpaced the benchmark Sensex, which has risen by 1.40% over the past week, while the stock itself has increased by 4.59%. This strong relative performance is indicative of investor confidence, despite the noted weaknesses in long-term fundamentals. The stock's ability to generate a return of 45.01% over the past year further emphasizes its market-beating performance, particularly in comparison to the Sensex's 8.74% return in the same timeframe. Overall, while the stock is currently rising, the mixed signals regarding its long-term financial health may lead to cautious optimism among investors.