Why is Rossell Techsys falling/rising?

As of 11-Jul, Rossell Techsys Ltd is experiencing a rise in its stock price, currently at Rs 490.10, reflecting an increase of Rs 13.5 or 2.83%. The stock has shown strong performance recently, outperforming its sector by 5.78% today and achieving a consecutive gain over the last two days with a total return of 6.62%. Additionally, the stock has touched an intraday high of Rs 499.4, and it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Positive financial results reported for March 25, including a 45.7% growth in net sales and the highest operating profit to interest ratio at 3.35 times, have contributed to this upward movement. However, concerns about long-term fundamental strength persist, as indicated by a low return on capital employed (ROCE) of 7.17% and a high debt to EBITDA ratio of 6.06 times.
In the broader market context, Rossell Techsys has significantly outperformed the benchmark Sensex over the past week, with a return of +7.67% compared to the Sensex's -1.12%. Over the past month, the stock has also shown a robust return of +26.07%, while the Sensex remained nearly flat at -0.02%. This strong short-term performance highlights investor confidence in Rossell Techsys despite the underlying concerns regarding its long-term growth and profitability. The rising investor participation, as evidenced by a 7.8% increase in delivery volume, further supports the stock's positive momentum in the current market environment.