Why is Simplex Infra falling/rising?

As of 29-Jul, Simplex Infrastructures Ltd is experiencing a price increase, currently at Rs 317.25, reflecting a rise of Rs 10.35 or 3.37%. The stock has shown strong performance today, outperforming its sector by 1.65% and achieving a consecutive gain over the last two days, with a total return of 4.75% during this period. Additionally, the stock has demonstrated impressive returns over various time frames, including a 123.89% increase over the past year and a remarkable 457.56% over the last three years. However, it is important to note that the company has weak long-term fundamental strength, with a negative growth rate in net sales and high debt levels, which could pose risks to its future performance.
In the broader market context, Simplex Infrastructures Ltd has outperformed the benchmark index, Sensex, in the short term, with a 1-week return of +3.76% compared to the Sensex's -1.03%. This trend of outperformance is consistent, as the stock has also surpassed the benchmark over the past month and year. Despite these positive short-term movements, the company's long-term fundamentals remain concerning, particularly due to its high debt-to-equity ratio and declining sales, which may affect investor sentiment moving forward.