Why is Snowman Logistic falling/rising?

As of 12-Sep, Snowman Logistics Ltd is experiencing a price increase, with its current price at Rs 58.71, reflecting a rise of Rs 2.02 or 3.56%. The stock has shown strong performance in the short term, gaining 9.13% over the last three days and outperforming its sector by 3.76% today. It has also touched an intraday high of Rs 59.5, indicating positive momentum. Despite a year-to-date decline of 17.19%, the stock has performed well over the past week and month, with returns of 10.77% and 10.48%, respectively. Positive factors contributing to this rise include significant growth in profit after tax and net sales, as well as an attractive valuation compared to peers. However, concerns about the company's ability to service its debt, indicated by a poor EBIT to Interest ratio, and low domestic mutual fund participation may temper enthusiasm.
In the broader market context, while the Sensex has increased by 1.48% over the past week, Snowman Logistics has significantly outperformed this benchmark, highlighting its recent strength. Despite the stock's underperformance over the past year, where it fell by 27.20% compared to the market's decline of 1.28%, the recent positive financial results and rising investor participation suggest a potential turnaround. The stock's liquidity and trading above key moving averages further support its upward movement, contrasting with its longer-term struggles.