Why is DMR Hydroengg. falling/rising?

As of 11-Jul, DMR Hydroengineering & Infrastructures Ltd is experiencing a price increase, currently at 150.90, reflecting a change of 1.45 or 0.97% upward. The stock has shown strong performance in the short term, with a 17.89% increase over the past week and a 24.71% rise over the past month. However, despite these gains, the stock has underperformed in the long term, with a year-to-date decline of 7.71% and a one-year drop of 12.28%. The stock has been gaining for the last two days, with a total return of 3.5% during this period. Notably, the stock's delivery volume has decreased significantly, indicating falling investor participation, which may impact future price movements. Additionally, the company has not declared results in the last six months, raising concerns about its long-term fundamental strength.
In the broader market context, while DMR Hydroengineering has outperformed its sector by 1.3% today, it has significantly lagged behind the benchmark, the Sensex, which has generated a positive return of 5.58% year-to-date. The stock's weak long-term fundamentals, including a poor EBIT to Interest ratio and a high Price to Book Value, suggest that despite recent short-term gains, the overall outlook remains cautious. The stock's performance over the past year has been disappointing compared to the market, which may lead investors to be wary despite the recent uptick in price.