Why is Wendt India falling/rising?

As of 10-Jul, Wendt India Ltd's stock price is rising, currently at 10,654.95, reflecting an increase of 891.1 or 9.13%. The stock has shown strong performance recently, gaining 14.94% over the past week and outperforming its sector by 8.65% today. It has been on a consecutive gain streak for the last five days, with today's intraday high reaching Rs 10,749.95. Despite a year-to-date decline of 35.35%, the stock's recent upward movement is supported by high management efficiency, indicated by a return on equity (ROE) of 16.47%, and a low debt-to-equity ratio. However, it is important to note that the stock's valuation appears expensive with a price-to-book value of 8.7, and it has experienced a significant drop in profits over the past year.
In the broader market context, Wendt India's short-term performance contrasts sharply with the benchmark Sensex, which has remained relatively flat with a change of -0.06% over the past week. While Wendt India has outperformed the Sensex in the short term, it has underperformed in the long term, with a 1-year return of -34.76% compared to the Sensex's 4.09% gain. This discrepancy highlights the stock's volatility and the challenges it faces in maintaining investor confidence, despite its recent gains. Overall, the stock's rising price can be attributed to short-term positive momentum and investor participation, but it remains to be seen if this trend can be sustained in the face of its longer-term performance issues.