Why is Riddhi Corporate falling/rising?

As of 25-Jun, Riddhi Corporate Services Ltd is currently priced at 61.75, reflecting an increase of 0.44 or 0.72%. The stock has shown a trend reversal, gaining after two consecutive days of decline. However, it remains below its 5-day, 50-day, 100-day, and 200-day moving averages, despite being higher than the 20-day moving average. The stock's performance over the past week has been negative at -1.23%, while it has performed positively over the past month with a return of +4.70%. The company recently reported a significant net profit growth of 185.54%, and it has declared positive results for the last three consecutive quarters, which may be contributing to the recent uptick in stock price. However, the stock has a weak long-term fundamental strength, with a high Debt to EBITDA ratio and poor long-term growth, which could be impacting investor sentiment.
In the broader market context, Riddhi Corporate's recent performance is in contrast to the Sensex, which has gained +1.61% over the past week. The stock's underperformance is evident as it has generated a return of -27.29% over the past year, significantly lagging behind the Sensex's +6.02% return in the same period. Additionally, the delivery volume has seen a drastic decline of -97.66% compared to the 5-day average, indicating falling investor participation, which could further pressure the stock's price. Despite the attractive valuation and recent positive earnings, the overall market sentiment and the stock's long-term performance suggest caution among investors.