Why is DMR Hydroengg. falling/rising?

As of 19-Sep, DMR Hydroengineering & Infrastructures Ltd is experiencing a price increase, currently at 55.10, reflecting a change of 0.42 (0.77%) upwards. The stock has shown strong performance recently, gaining 11.09% over the last three days and outperforming its sector by 1.46% today. Over the past week, the stock has risen by 10.20%, and it has delivered an impressive 163.37% return over the past month. Despite these positive movements, there are concerns regarding the company's long-term fundamental strength, as it has not declared results in the last six months and has a weak EBIT to Interest ratio of 1.28, which could impact investor confidence.
In the broader market context, DMR Hydroengineering's recent performance significantly outpaces the Sensex, which has only increased by 0.88% over the past week. The stock's year-to-date return of 130.35% also stands in stark contrast to the Sensex's 5.74% increase. However, while the stock has shown consistent returns over the last three years, its valuation appears expensive with a Price to Book Value of 4.8, and profits have only risen by 11% despite the substantial stock price increase. This discrepancy between stock performance and profit growth may lead to caution among investors, particularly in light of the company's flat results reported in March 2024.