Why is Ahlada Engineers falling/rising?

As of 11-Jun, Ahlada Engineers Ltd is experiencing a price increase, currently at 68.74, which reflects a change of 4.42 or 6.87% upward. The stock has outperformed its sector today by 6.38%, and it is trading above its 5-day, 20-day, and 50-day moving averages, although it remains below its 100-day and 200-day moving averages. Despite this positive movement, the stock has shown a significant decline over the past year, with a return of -47.16%, and its profits have decreased by 72.8%. The company’s valuation appears attractive with a low enterprise value to capital employed ratio, but it has also reported negative results for the last three consecutive quarters, indicating weak long-term fundamental strength.
In the broader market context, Ahlada Engineers' short-term return of +4.72% over the past week significantly outpaces the Sensex's return of +2.12% during the same period. However, the stock's year-to-date performance remains concerning, with a decline of -25.66% compared to the Sensex's gain of +6.33%. The falling investor participation, as evidenced by a 24.41% drop in delivery volume, suggests a lack of confidence among investors, which could hinder the stock's ability to maintain its upward momentum despite today's gains. Overall, while the stock is rising in the short term, its long-term performance and recent negative financial results raise concerns about its sustainability.