Why is Synoptics Techno falling/rising?

As of 24-Jun, Synoptics Technologies Ltd is experiencing a price increase, currently at 78.15, reflecting a change of 3.0 or 3.99% upward. The stock has shown strong short-term performance, outperforming its sector by 4.01% today and achieving a 10.15% increase over the past week and a 17.87% increase over the past month. However, despite this recent uptick, the stock has a negative year-to-date return of -36.62% and a one-year return of -22.55%, indicating significant declines in the longer term. The company's return on capital employed (ROCE) stands at 9.7, suggesting a very attractive valuation, but its profits have fallen by 33% over the past year, which raises concerns about its sustainability. Additionally, the stock has shown weak long-term fundamental strength with a -5.20% compound annual growth rate (CAGR) in net sales over the last five years.
In the broader market context, Synoptics Technologies Ltd has significantly outperformed the Sensex benchmark in the short term, with a 10.15% gain over the past week compared to the Sensex's 0.77% increase. This indicates that while the stock is currently rising, it is doing so in a market that has been relatively stable. However, the stark contrast between its short-term gains and long-term declines, coupled with flat results expected in September 2024, suggests that investors may remain cautious about the stock's future performance despite its recent positive movement.