Why is Wealth First Por falling/rising?

As of 10-Jun, Wealth First Portfolio Managers Ltd is experiencing a price increase, currently at 1,372.30, reflecting a rise of 100.05 or 7.86%. The stock has shown strong performance today, outperforming its sector by 8.19%. It is trading above all key moving averages, indicating positive momentum. Over the past week, the stock has surged by 59.84%, and it has also delivered a remarkable 66.62% return over the past year, significantly outperforming the BSE 500 index. However, despite these positive trends, the company has faced challenges, including a decline in net sales and negative quarterly results, which may raise concerns among investors regarding its long-term growth potential.
In the broader market context, the stock's short-term performance is notably strong compared to the Sensex, which has only increased by 2.29% over the same week. While the stock has shown impressive returns in the short term, the underlying issues such as a poor long-term growth rate and a significant drop in net sales could temper investor enthusiasm. Additionally, the lack of domestic mutual fund investment may indicate a cautious sentiment towards the stock's valuation, despite its recent gains. Overall, while the stock is rising due to strong short-term performance and investor participation, the long-term outlook remains uncertain due to fundamental weaknesses.