Why is Tarmat falling/rising?

As of 01-Oct, Tarmat Ltd's stock price is currently at 51.68, reflecting an increase of 0.85, or 1.67%. The stock has shown a positive trend recently, gaining for three consecutive days and achieving a total return of 6.71% during this period. Additionally, the stock has outperformed its sector by 0.92% today. Despite a long-term decline, with a year-to-date return of -33.08%, the company reported positive results in its latest financials, including a significant growth in net sales and cash equivalents. However, the stock's long-term fundamental strength is weak, indicated by a negative CAGR growth in operating profits and a low return on equity, which suggests that while there are short-term gains, the overall outlook remains concerning.
In the broader market context, Tarmat's recent performance contrasts with the benchmark Sensex, which has seen a decline of 0.90% over the past week, while Tarmat's stock has only decreased by 0.29% in the same timeframe. This indicates that Tarmat is performing relatively better than the market in the short term. However, the stock's long-term performance remains below par, with a significant underperformance against the BSE500 over the past year and three years. The combination of short-term gains and long-term weaknesses creates a complex picture for investors, suggesting caution despite recent positive movements.