Why is Sangam India falling/rising?

As of 10-Jul, Sangam (India) Ltd's stock price is rising, currently at Rs 464.75, reflecting an increase of Rs 4.75 or 1.03%. The stock has shown strong performance today, outperforming its sector by 1.33% and reaching an intraday high of Rs 474, which is a 3.04% increase. Over the past week, the stock has gained 0.72%, and it has delivered a remarkable 14.81% return over the past year, significantly higher than the market's return of 1.46%. However, despite this positive price movement, the company has faced challenges, including a decline in profits by 21.3% and negative results for the last ten consecutive quarters, which may raise concerns among investors.
In the broader market context, the stock's recent performance contrasts with the Sensex, which has shown a slight decline of 0.06% over the past week. While Sangam (India) has outperformed the benchmark in terms of returns, the overall market sentiment may be influenced by the company's weak long-term fundamentals, including a high Debt to EBITDA ratio and low domestic mutual fund participation. These factors could lead to cautious investor sentiment despite the stock's current upward movement.