Why is Taneja Aerospace falling/rising?

As of 25-Jun, Taneja Aerospace & Aviation Ltd is experiencing a rise in its stock price, currently at Rs 411.30, reflecting an increase of Rs 19.55 or 4.99%. The stock has shown strong performance recently, gaining 12.47% over the last three days and outperforming its sector by 5.26% today. It has also been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. The company reported a significant growth in net profit of 39.09% and has declared positive results for the last three consecutive quarters, contributing to investor confidence. However, it is important to note that despite these positive indicators, the stock has underperformed over the past year with a return of -30.04%.
In the broader market context, Taneja Aerospace has outperformed the benchmark Sensex in the short term, with a 1-week return of +10.12% compared to the Sensex's +1.61%. This short-term outperformance contrasts with its long-term struggles, as the stock has underperformed the market significantly over the past year. The low debt-to-equity ratio and high return on capital employed (ROCE) are positive factors, yet the stock's valuation appears expensive compared to its peers, which may deter long-term investment. Additionally, the lack of domestic mutual fund investment suggests a cautious sentiment among institutional investors, further complicating the stock's outlook despite its recent gains.