Why is Simplex Infra falling/rising?

As of 01-Sep, Simplex Infrastructures Ltd is experiencing a price increase, currently at Rs 305.00, reflecting a rise of Rs 12.55 or 4.29%. Today's performance indicates that the stock has outperformed its sector by 3.41%. It reached an intraday high of Rs 305 and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite a recent decline of 2.48% over the past week, the stock has shown a positive return of 90.62% over the last year, significantly outperforming the BSE500 index during the same period. However, the company faces challenges, including a weak long-term fundamental strength with a negative growth rate in net sales and high debt levels, which could impact investor sentiment.
In the broader market context, while Simplex Infrastructures has shown a positive return of 0.79% over the past month, the benchmark index, Sensex, has only increased by 0.29%. This indicates that the stock is performing relatively better than the market in the short term. However, the stock's long-term outlook is concerning due to negative operating profits and a significant decline in profits over the last year, which may pose risks for future performance. Overall, the recent rise in stock price can be attributed to short-term investor interest and market dynamics, despite underlying fundamental weaknesses.