Why is Synoptics Techno falling/rising?

As of 25-Jun, Synoptics Technologies Ltd is experiencing a price increase, with its current price at 79.70, reflecting a change of 1.55 or 1.98% upward. The stock has outperformed its sector by 4.01% today and has shown a significant rise in delivery volume, increasing by 185.71% against the 5-day average. Over the past week, the stock has gained 10.16%, and in the last month, it has risen by 20.21%. However, despite these short-term gains, the stock has a negative year-to-date return of -35.36% and a one-year return of -23.62%, indicating a challenging longer-term performance. The company has a return on capital employed (ROCE) of 9.7, which suggests a very attractive valuation, but it has also faced declining profits, down by 33% over the past year, and a weak long-term fundamental strength with a -5.20% compound annual growth rate in net sales over the last five years.
In the broader market context, the Sensex has increased by 1.74% over the past week and 1.58% over the past month, indicating that while Synoptics Technologies Ltd is outperforming the benchmark in the short term, it is still lagging significantly year-to-date, where the Sensex has risen by 6.77%. The stock's liquidity appears sufficient for trading, but the flat results anticipated in September 2024 could pose risks to its future performance. Overall, while there are positive short-term indicators for Synoptics Technologies Ltd, the negative long-term trends and declining profits suggest caution for investors.