Why is TVS Supply falling/rising?

As of 02-Sep, TVS Supply Chain Solutions Ltd's stock price is currently at Rs 129.00, reflecting an increase of Rs 1.55 or 1.22%. The stock has shown a positive performance today, outperforming its sector by 0.51%, and has been on a consecutive gain for the last two days, rising a total of 5.35% during this period. Additionally, the stock has touched an intraday high of Rs 132.9, which represents a 4.28% increase. Despite a year-to-date decline of 27.67%, the stock has performed better than the benchmark Sensex over the past week and month, with returns of 2.87% and 3.86%, respectively. The company has reported very positive results, including a significant growth in net profit and operating cash flow, which may have contributed to the recent upward movement in stock price. However, the stock's long-term fundamentals remain weak, with a negative return on equity and a high percentage of pledged promoter shares, which could pose risks.
In the broader market context, the stock's recent performance contrasts with the benchmark, as it has outperformed the Sensex over the short term, which has seen declines of 0.78% over the past week and 0.55% over the past month. While the overall market has generated negative returns of -4.82% in the last year, TVS Supply has significantly underperformed with a return of -34.22%. This disparity highlights the challenges the company faces despite its recent positive financial results, suggesting that while short-term movements may be favorable, long-term investor confidence could be hindered by ongoing fundamental weaknesses and market conditions.