Why is Sanstar falling/rising?

As of 30-Jun, Sanstar Ltd's stock price is currently at Rs 104.75, reflecting an increase of Rs 3.55 or 3.51%. The stock has been on an upward trend, gaining for the last five days and achieving a remarkable return of 18.72% over that period. Today's performance indicates that it has outperformed its sector by 2.99%, with an intraday high of Rs 107.25, which is a 5.98% increase. Despite a year-to-date decline of 12.56%, the company exhibits strong management efficiency with a high return on equity (ROE) of 16.48% and a low debt to EBITDA ratio of 0.62 times, suggesting a solid ability to service its debt. However, it is important to note that while the stock has generated a return of 0.00% over the past year, its profits have decreased by 34%, which could be a concern for investors.
In the broader market context, Sanstar's short-term return of 18.72% over the past week significantly outpaces the Sensex's return of 2.09% during the same period. This indicates that the stock is performing well relative to the benchmark, which may attract more investor interest. The rising investor participation, evidenced by a substantial increase in delivery volume, further supports the stock's upward movement. Overall, while the stock has faced challenges over the longer term, its recent performance and strong financial metrics suggest a positive sentiment among investors in the short term.