Why is Surana Telecom falling/rising?

As of 29-Sep, Surana Telecom and Power Ltd's stock price is rising, currently at Rs 22.75, reflecting an increase of 2.06 or 9.96%. The stock has shown a trend reversal, gaining after five consecutive days of decline, and has outperformed its sector by 10.13%. Despite a recent drop of 1.77% over the past week, the stock has increased by 19.61% over the last month. Positive factors contributing to this rise include a higher profit after tax of Rs 21.96 crore for the latest six months and an increase in promoter confidence, with promoters raising their stake by 0.76%, indicating strong belief in the company's future. However, the stock also faces challenges, such as weak long-term fundamental strength and negative operating profits, which could pose risks to its valuation.
In the broader market context, the Sensex has declined by 2.18% over the past week, while Surana Telecom's performance has been relatively better, suggesting that the stock is holding up against broader market pressures. Year-to-date, the stock has underperformed the benchmark with a decline of 2.78% compared to the Sensex's gain of 2.85%. This contrast highlights that while the stock is experiencing a short-term rise, it still faces significant challenges in the long term, particularly regarding its profitability and ability to service debt.