Why is Ahlada Engineers falling/rising?

As of 24-Sep, Ahlada Engineers Ltd is experiencing a price increase, currently at 68.33, which reflects a rise of 2.87 or 4.38%. The stock has shown strong performance today, outperforming its sector by 4.84%. Additionally, it has demonstrated significant improvement in investor participation, with delivery volume rising by 946.63% compared to the 5-day average. Despite this positive movement, the stock has a challenging year-to-date return of -26.11% and a one-year return of -37.16%, indicating a longer-term struggle. The company's valuation appears attractive with a low enterprise value to capital employed ratio, but it has faced declining profits, with a notable -82.5% drop over the past year.
In the broader market context, Ahlada Engineers has outperformed the Sensex in the short term, with a 1-week return of +14.04% compared to the benchmark's -1.08%. However, the stock has consistently underperformed against the benchmark over the last three years, which raises concerns about its long-term viability. The company has reported negative results for the last four consecutive quarters, with significant declines in net sales and operating profits, contributing to its weak long-term fundamental strength. This combination of short-term gains amidst a backdrop of persistent underperformance and declining profitability suggests that while the stock may be rising in the immediate term, significant challenges remain.