Why is D P Wires falling/rising?

As of 27-Jun, D P Wires Ltd is experiencing a price increase, currently at Rs 239.95, which reflects a rise of Rs 4.95 or 2.11%. The stock has shown a positive trend recently, gaining 9.12% over the last four days and outperforming its sector by 2.29% today. However, despite this short-term gain, the stock has underperformed over the longer term, with a year-to-date decline of 27.46% and a significant drop of 45.82% over the past year. The company has a low Debt to Equity ratio of 0.03, and while it has a fair valuation with a Price to Book Value of 1.5, its profits have decreased by 38.8% in the past year, contributing to a negative sentiment around the stock.
Broader market context indicates that while the stock has performed well in the short term, it has lagged behind the benchmark Sensex, which has gained 7.58% year-to-date. The stock's recent performance contrasts sharply with its long-term trajectory, as it has consistently reported negative results for the last six quarters, including a 33.95% fall in net sales. This poor long-term growth, coupled with a modest operating profit growth rate of 1.21% over the past five years, suggests that investor confidence may be wavering despite the recent uptick in price.