Why is Umiya Buildcon falling/rising?

As of 18-Jul, Umiya Buildcon Ltd's stock price is currently at 82.50, reflecting an increase of 0.9, or 1.1%. The stock has been performing well recently, having outperformed its sector by 1.24% today and showing consecutive gains over the last two days with a total return of 2.36%. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Additionally, the company has reported significant growth in net sales, with a 32.45% increase over the last six months, and the highest quarterly profit after tax (PAT) at Rs 31.43 cr, alongside a strong earnings per share (EPS) of Rs 16.83. However, there are concerns regarding its long-term fundamental strength, as indicated by a low return on capital employed (ROCE) of 3.72% and a high debt to EBITDA ratio of 16.31 times.
In the broader market context, Umiya Buildcon's short-term performance has been notably stronger than the benchmark, with a 1-week return of +3.38% compared to the Sensex's -0.90%. While the stock has shown resilience and positive momentum, the overall market sentiment appears to be mixed, as evidenced by the Sensex's slight gain of only 0.38% over the past month. The company's rising promoter confidence, with an increase in stake by 0.91%, suggests optimism about its future, yet the declining investor participation, with a 30.94% drop in delivery volume, raises questions about sustained interest. This combination of strong short-term performance against a backdrop of mixed market conditions and some fundamental weaknesses contributes to the stock's current upward movement.