Why is Vinayak Polycon falling/rising?

As of 13-Jun, Vinayak Polycon International Ltd is experiencing a price increase, currently at Rs 30.74, reflecting a rise of 1.41 (4.81%). The stock has shown strong performance recently, gaining 12.97% over the last three days and outperforming its sector by 4.01% today. Over the past week, the stock has increased by 2.47%, and it has generated a notable return of 22.96% over the past year, significantly higher than the market's return of 3.05%. However, it is important to note that while the stock has performed well in the short term, its profits have decreased by 8% over the past year, and it has a weak long-term fundamental strength with a low average Return on Capital Employed (ROCE) of 4.83%.
In the broader market context, the stock's recent performance contrasts with the benchmark, as the Sensex has declined by 1.30% over the past week. Despite the stock's impressive short-term gains, the overall market sentiment appears to be negative, which may be influencing investor participation, as indicated by a significant drop in delivery volume. The stock's liquidity remains adequate for trading, but the falling investor participation could pose challenges moving forward. Overall, while Vinayak Polycon has shown strong short-term gains, concerns regarding its long-term growth and profitability may temper investor enthusiasm.