Why is Synoptics Techno falling/rising?

As of 14-Jul, Synoptics Technologies Ltd is experiencing a price increase, currently at 102.70, reflecting a change of 1.95 (1.94%) upward. The stock has shown strong performance recently, with a 10.25% increase over the past week and a remarkable 39.07% rise over the past month, significantly outperforming the Sensex, which has declined by 1.49% in the same week and increased by only 1.47% over the month. Today's trading activity indicates a positive trend, with the stock outperforming its sector by 4.01%. Additionally, there has been a notable rise in investor participation, with delivery volume increasing by 185.71% compared to the 5-day average. However, despite these positive indicators, the stock has a negative year-to-date return of -16.71% and has seen a decline in profits by -33% over the past year, which raises concerns about its long-term viability.
Broader Market Context: In the context of the broader market, while Synoptics Technologies Ltd has shown impressive short-term returns, it has underperformed on a year-to-date basis compared to the Sensex, which has gained 6.08%. The stock's weak long-term fundamental strength is highlighted by a -5.20% compound annual growth rate (CAGR) in net sales over the last five years, suggesting potential challenges ahead. Furthermore, the stock's valuation appears attractive with a return on capital employed (ROCE) of 9.7, but the flat results expected in September 2024 may contribute to investor caution. Overall, while the stock is currently rising, underlying issues may affect its future performance.