Why is DMR Hydroengg. falling/rising?

As of 10-Jul, DMR Hydroengineering & Infrastructures Ltd is experiencing a price increase, currently at Rs 149.45, reflecting a rise of Rs 3.65 or 2.5%. The stock has shown strong performance recently, with a 1-week return of +16.76% and a 1-month return of +16.80%, significantly outperforming the Sensex, which has seen a slight decline of -0.06% over the same week. However, the stock's long-term fundamentals appear weak, as it has not declared results in the last six months and has a poor EBIT to Interest ratio of 1.28. Additionally, despite a recent increase in price, the stock has underperformed over the past year with a return of -15.19%, indicating potential concerns among investors regarding its long-term viability.
In the broader market context, while DMR Hydroengineering has shown positive short-term returns, it has lagged behind the benchmark index, the BSE500, which has generated a return of 1.46% over the past year. This contrast highlights the stock's volatility and the challenges it faces in maintaining investor confidence. The stock's recent gains may be attributed to short-term trading dynamics, including an opening gap up and outperforming its sector today, but the significant drop in delivery volume and the erratic trading pattern suggest that investor participation is declining, which could hinder sustained price growth moving forward.