Why is Ahlada Engineers falling/rising?

As of 17-Sep, Ahlada Engineers Ltd is currently priced at 59.92, reflecting an increase of 1.08 or 1.84%. The stock has shown a positive performance today, outperforming its sector by 1.61%. It is trading above its 5-day and 20-day moving averages, although it remains below its 50-day, 100-day, and 200-day moving averages. Despite a year-to-date decline of 35.20% and a significant drop of 47.51% over the past year, the stock has seen a rise in investor participation, with delivery volume increasing by 17.97% compared to the 5-day average. The company's valuation appears attractive with a return on capital employed (ROCE) of 6 and a low enterprise value to capital employed ratio, indicating it is trading at a discount relative to its peers.
In the broader market context, Ahlada Engineers has outperformed the Sensex in the short term, with a weekly return of 5.73% compared to the benchmark's 1.43%. However, the stock's long-term performance has been concerning, with a consistent underperformance against the benchmark over the last three years and a negative growth trend in operating profits. The company has reported negative results for the last four consecutive quarters, with significant declines in profit after tax and net sales. This combination of short-term gains amidst a backdrop of long-term challenges suggests that while there may be some positive momentum currently, the overall outlook remains weak.