Why is Wealth First Por falling/rising?

As of 09-Jun, Wealth First Portfolio Managers Ltd is experiencing a significant rise in its stock price, currently at 1,272.25, reflecting an increase of 196.9 or 18.31%. The stock has outperformed its sector by 16.36% today, and it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Notably, the stock has shown impressive returns over various periods, including a 46.76% increase over the past week and a 50.62% rise over the last year, while also demonstrating strong long-term fundamental strength with an average Return on Equity (ROE) of 34.91%. However, it is important to note that the technical trend is currently sideways, indicating a lack of clear price momentum despite the recent gains.
In the broader market context, the stock's short-term performance significantly outpaces the benchmark, with the Sensex only rising by 1.56% over the past week. This stark contrast highlights the stock's strong appeal among investors, particularly given the rising investor participation, as evidenced by a 794.61% increase in delivery volume compared to the 5-day average. While the stock has shown consistent returns over the last three years, it faces challenges due to poor long-term growth, as indicated by a decline in net sales and negative quarterly results. Despite these concerns, the recent price movement suggests that investor sentiment remains positive, bolstered by the stock's historical performance and liquidity.