Why is Saven Tech. falling/rising?

As of 24-Sep, Saven Technologies Ltd is currently priced at 48.40, reflecting an increase of 0.43 or 0.9%. The stock has shown positive momentum, gaining 3.39% over the last two days and outperforming its sector by 1.74% today. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. Additionally, the company reported positive financial results, with net sales growing by 22.05% and a significant increase in profits, which has contributed to a fair valuation compared to its peers. However, it is important to note that the stock has a weak long-term fundamental strength, with a low CAGR growth in operating profits over the last five years and consistent underperformance against benchmarks over the past three years.
In the broader market context, Saven Technologies has outperformed the Sensex in the short term, with a 1-week return of +3.88% compared to the Sensex's -1.18%. Despite this recent positive performance, the stock has still generated a negative return of -12.95% over the past year, while the benchmark has only declined by -3.77%. This suggests that while the stock is currently experiencing a rise, its long-term performance remains a concern, particularly given its historical underperformance against broader market indices.