Why is Step Two Corp. falling/rising?

As of 14-Jul, Step Two Corporation Ltd is experiencing a price increase, currently at Rs 41.00, reflecting a rise of 1.1 or 2.76%. The stock has shown strong performance recently, gaining 13.89% over the past week and 15.82% over the last month. It has outperformed its sector by 2.68% today and has been on a consecutive gain streak for four days. Despite a significant drop in delivery volume, the stock is trading above all major moving averages, indicating positive momentum. Additionally, the company has reported strong quarterly results, with the highest PBDIT, PBT, and PAT figures recorded, and an increase in promoter holding to 67.46%, which further supports investor confidence.
In the broader market context, while the Sensex has declined by 1.42% over the past week, Step Two Corporation's performance stands out with a 13.89% increase, showcasing its resilience against market trends. The stock has consistently outperformed the benchmark indices over various time frames, including a remarkable 119.84% increase over the past three years compared to the Sensex's 53.99%. However, it is important to note that the stock carries risks due to weak long-term fundamentals, such as a low average Return on Equity (ROE) of 5.16% and negative EBITDA, which could impact future performance despite its current upward trajectory.