Why is Spacenet Enterpr falling/rising?

As of 08-Jul, Spacenet Enterprises India Ltd is experiencing a price increase, currently at 8.47, reflecting a change of 0.39 or 4.83% upward. The stock has shown strong performance recently, with a 1-week return of +18.63%, significantly outperforming the Sensex, which has remained nearly flat at -0.08%. Today's price summary indicates that the stock is trading above its 5-day, 20-day, and 50-day moving averages, although it remains below the 100-day and 200-day moving averages. The company benefits from a low debt-to-equity ratio and impressive long-term growth, with operating profit increasing at an annual rate of 124.90%. However, it also faces challenges, such as poor management efficiency reflected in a low return on equity of 4.90% and a high price-to-book value ratio of 3.2, which suggests an expensive valuation relative to its peers.
In the broader market context, Spacenet's recent short-term performance contrasts sharply with its long-term struggles, as it has underperformed the market significantly over the past year, with a return of -73.73% compared to the BSE500's 1.98%. Despite this, the stock's recent upward movement may be attributed to its strong quarterly growth metrics, including a 65.8% increase in profit before tax and the highest operating profit to net sales ratio at 11.85%. While the stock has shown resilience in the short term, the overall long-term performance remains a concern, indicating that investors should weigh both the recent positive trends and the historical underperformance when considering their positions.