Why is Zim Laboratories falling/rising?

As of 09-Jul, Zim Laboratories Ltd is experiencing a price increase, currently at 115.20, reflecting a change of 0.7 (0.61%) upward. The stock has shown strong performance recently, gaining 7.01% over the last four days and outperforming its sector by 0.41%. In terms of returns, Zim Laboratories has increased by 4.07% over the past week and 13.26% over the past month, indicating a positive trend compared to the Sensex, which has only risen by 0.15% and 1.32% in the same periods. The stock is also trading above its moving averages across various time frames, and there has been a notable increase in investor participation, with a 30.91% rise in delivery volume compared to the five-day average. However, despite these positive indicators, the company has faced challenges, including a significant decline in profits over the past year and negative results for the last four consecutive quarters, which may raise concerns among investors.
In the broader market context, Zim Laboratories' recent short-term performance contrasts favorably with the Sensex, which has shown modest gains. While the stock has generated a return of 5.45% over the past year, it is important to note that its long-term growth prospects appear limited, with net sales growing at an annual rate of only 6.41% over the last five years. Additionally, the lack of investment from domestic mutual funds, which hold 0% of the company, suggests a lack of confidence in its valuation or business prospects. This combination of strong short-term performance and underlying concerns about long-term growth may contribute to the stock's current upward movement, despite the negative factors impacting its overall financial health.