Why is B.C. Power falling/rising?

As of 10-Jun, B.C. Power Controls Ltd is experiencing a price increase, currently at 2.17, which reflects a rise of 0.1 or 4.83%. The stock has shown strong performance recently, outperforming its sector by 3.78% today and achieving consecutive gains over the last two days, resulting in an 8.5% return during this period. Although the stock has generated a significant negative return of -49.77% over the past year, it has seen a profit increase of 8%, and its valuation appears attractive with a low Price to Book Value of 0.4. However, the company faces challenges such as operating losses and a weak ability to service its debt, which could hinder long-term growth.
In the broader market context, B.C. Power's short-term return of +6.37% over the past week significantly outpaces the Sensex's +2.05% return, indicating a positive trend relative to the market. Despite this, the stock has consistently underperformed against the benchmark over the last three years, with a stark decline of -48.70% year-to-date compared to the Sensex's +5.44%. The recent rise in stock price may be attributed to increased investor participation and a favorable valuation, but the overall long-term outlook remains cautious due to declining promoter confidence and persistent operational challenges.