Why is AIA Engineering falling/rising?

As of 03-Jul, AIA Engineering Ltd's stock price is currently at 3,321.00, reflecting an increase of 60.9, or 1.87%. The stock has shown a trend reversal, gaining after three consecutive days of decline, and it outperformed its sector by 0.69% today. The stock reached an intraday high of Rs 3,330, which is a 2.14% increase. Despite this positive movement, the stock has underperformed in the longer term, with a year-to-date decline of 1.73% and a significant drop of 21.79% over the past year. Factors contributing to this recent rise include high management efficiency, indicated by a return on equity (ROE) of 15.46%, and a low debt-to-equity ratio, which suggests financial stability. However, the stock's long-term growth prospects appear poor, with net sales growing at only 7.54% annually over the last five years and a very expensive valuation relative to its peers.
In the broader market context, AIA Engineering's short-term performance has slightly outpaced the benchmark Sensex, which has declined by 0.62% over the past week. While the stock has shown some positive movement today, it has still faced challenges in the longer term, underperforming the BSE500 index over the past three years, one year, and three months. The stock's recent rise may be attributed to increased investor participation, as evidenced by a significant rise in delivery volume, but the overall trend remains concerning due to flat results and declining profits.