Why is Step Two Corp. falling/rising?

As of 22-Jul, Step Two Corporation Ltd is experiencing a price increase, currently at 39.90, reflecting a change of 0.22 or 0.55% upward. The stock has shown strong performance recently, outperforming its sector by 0.76% today and achieving consecutive gains over the last two days, with a total return of 5% during this period. Additionally, the stock has performed well over the past month, rising by 4.61%, and has generated a significant return of 15.79% over the last year, which is notably higher than the market average. Positive financial results, including a substantial growth in profit after tax and increased promoter holding to 67.46%, have contributed to the stock's upward momentum. However, concerns regarding weak long-term fundamental strength and negative EBITDA may pose risks.
In the broader market context, the stock's short-term performance is favorable compared to the benchmark, as it has outperformed the Sensex, which has declined by 0.47% over the past week. While Step Two Corporation has shown resilience with a year-to-date return of 17.56% against the Sensex's 5.18%, the overall market sentiment may still be cautious due to the noted decline in investor participation and liquidity issues. This juxtaposition of strong recent performance against broader market challenges highlights the complexities influencing the stock's price movements.