Why is Vaxtex Cotfab falling/rising?

As of 25-Jul, Vaxtex Cotfab Ltd's stock price is currently at Rs 1.15, reflecting an increase of Rs 0.05 or 4.55%. The stock has shown strong performance recently, with a 22.34% increase over the past week and a 33.72% rise over the past month, significantly outperforming the benchmark Sensex, which has seen a decline of 0.53% and 1.62% respectively during the same periods. Today's price summary indicates that the stock is trading above all its moving averages and is close to its 52-week high, being only 2.61% away from Rs 1.18. Positive factors contributing to this rise include a higher profit after tax and earnings per share reported for the last quarter, alongside the stock's ability to generate returns of 19.79% over the past year despite the broader market's negative performance.
Broader Market Context: In the context of the broader market, while the BSE Small Cap index has fallen by 1.88%, Vaxtex Cotfab's strong performance stands out, particularly given its significant gains in both the short and medium term. The stock's ability to outperform the market, despite its underlying challenges such as operating losses and weak long-term fundamentals, suggests a market perception that may be driven by recent positive earnings results. However, the company still faces risks, including a negative EBITDA and poor long-term growth metrics, which could impact future performance if not addressed.