Why is Samrat Forgings falling/rising?

As of 29-Jul, Samrat Forgings Ltd's stock price is currently at Rs 303.30, reflecting an increase of Rs 8.3 or 2.81%. The stock has shown strong performance today, outperforming its sector by 1.42% and reaching an intraday high of Rs 303.30. Over the past week, the stock has appreciated by 3.34%, while it has gained 13.17% over the last month. However, it is important to note that the stock has a year-to-date decline of 10.66%. The company has reported positive results for the last three consecutive quarters, with a significant growth in profit after tax and net sales. Despite these positive indicators, the stock faces challenges due to high debt levels and weak long-term fundamental strength, which may affect investor confidence.
In the broader market context, the Sensex has experienced a decline of 1.03% over the past week and a 3.24% drop over the last month, contrasting with Samrat Forgings' positive short-term returns. While the stock has performed well against the benchmark in the short term, its year-to-date performance remains negative compared to the Sensex's gain of 4.09%. This divergence suggests that while the stock is currently rising, it is doing so in a market that is generally underperforming, indicating that investors may be reacting positively to the company's recent financial performance despite concerns about its long-term viability.