Why is Sindhu Trade falling/rising?

As of 16-Sep, Sindhu Trade Links Ltd is experiencing a significant rise in its stock price, currently at Rs 28.25, reflecting an increase of Rs 3.98 or 16.4%. The stock has shown a strong performance today, outperforming its sector by 15.38% and marking a trend reversal after three consecutive days of decline. It reached an intraday high of Rs 28.77, indicating a robust trading session despite a wide range of Rs 4.48. Over the past week, the stock has gained 14.84%, and year-to-date, it has increased by 29.00%. However, it is important to note that while the stock has generated a return of 16.64% over the past year, its profits have fallen by 39%, raising concerns about its long-term fundamental strength. Additionally, institutional investors have increased their stake, which may contribute positively to the stock's recent movement.
In the broader market context, Sindhu Trade Links Ltd's short-term performance significantly outpaces the benchmark, with a 14.84% return over the past week compared to the Sensex's 1.58%. This strong performance comes amid a challenging market environment, as the BSE500 has reported negative returns of -2.93% over the last year. Despite the stock's recent gains, the overall market context suggests a cautious outlook, especially given the company's weak long-term fundamentals, including a low return on equity and declining profits. This juxtaposition of strong short-term performance against a backdrop of broader market struggles and internal challenges indicates a complex scenario for investors.