Why is DMR Hydroengg. falling/rising?

As of 08-Jul, DMR Hydroengineering & Infrastructures Ltd is experiencing a price increase, currently at Rs 146.35, reflecting a rise of Rs 11.35 or 8.41%. The stock has shown strong performance recently, with a 14.34% increase over the past week and a consecutive gain over the last two days. It opened with a gain of 3.7% today and reached an intraday high of Rs 149.95. Despite this positive short-term movement, the company has not declared results in the last six months, indicating weak long-term fundamental strength. Additionally, the stock has underperformed over the past year, generating a return of -12.81%, while the company's profits have only risen by 11%, leading to a high PEG ratio of 5.7, suggesting that the stock may be overvalued.
In the broader market context, the stock has significantly outperformed the Sensex, which only saw a 0.02% increase over the past week. While DMR Hydroengineering has gained 14.34% in the same period, it still lags behind the market's performance over the last year, where the BSE500 generated returns of 1.98%. The stock's recent rise can be attributed to increased investor participation, as evidenced by a 226.92% rise in delivery volume compared to the 5-day average. However, the overall weak fundamentals and the company's inability to service its debt may pose risks that could affect its future performance.