Why is T & I Global falling/rising?

As of 22-Sep, T & I Global Ltd's stock price is currently at 192.00, reflecting an increase of 1.8 (0.95%). The stock has shown a positive performance today, having opened with a gain of 4.28% and reaching an intraday high of Rs 198.35. Despite touching a low of Rs 183.15 during the day, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bullish trend. Additionally, the company recently declared positive quarterly results after five consecutive negative quarters, with a significant growth in PAT and net sales, which may have contributed to the upward movement. However, the stock's long-term fundamentals remain weak, with a -32.97% CAGR growth in operating profits over the last five years and a return on equity of only 3.8, suggesting that while there are short-term gains, the long-term outlook is concerning.
In the broader market context, T & I Global's short-term return of +0.52% over the past week slightly outperformed the Sensex, which increased by +0.46%. However, the stock has underperformed on a year-to-date basis, with a decline of -6.80% compared to the Sensex's increase of +5.15%. This contrast highlights the stock's volatility and the challenges it faces despite recent positive developments. The rising investor participation, evidenced by a significant increase in delivery volume, suggests a growing interest in the stock, but the overall weak long-term fundamentals and high valuation relative to peers may temper investor enthusiasm moving forward.