Why is Universal Cables falling/rising?

As of 20-Jun, Universal Cables Ltd. is experiencing a price increase, currently at 679.55, reflecting a rise of 33.65 or 5.21%. The stock has outperformed its sector today by 4.8%, reaching an intraday high of Rs 701, which is an increase of 8.53%. Over the past week, the stock has gained 3.91%, and over the past month, it has risen by 18.06%. However, despite this recent performance, the stock has a year-to-date decline of 16.54% and a one-year return of -7.09%. The company's return on capital employed (ROCE) stands at 5.8, indicating an attractive valuation compared to its peers, although profits have decreased by 17.4% over the past year. Additionally, the stock is trading at a discount relative to its historical valuations, which may contribute to its recent upward movement.
In the broader market context, the Sensex has increased by 1.59% over the past week and 1.50% over the past month, indicating that Universal Cables' short-term performance is significantly better than the benchmark. Despite this positive short-term trend, the stock's long-term fundamentals are weak, with a poor EBIT to Interest ratio and low growth rates in net sales and operating profit over the last five years. The delivery volume has also fallen by 11.17% against the five-day average, suggesting a decline in investor participation, which could impact future price movements. Overall, while the stock is currently rising, underlying concerns about its long-term growth and financial health remain.