Why is Duncan Engg. falling/rising?

As of 10-Jul, Duncan Engineering Ltd's stock price is currently at 451.05, reflecting an increase of 6.05 or 1.36%. The stock has been gaining momentum recently, with a consecutive gain over the last three days, resulting in a total return of 7.39% during this period. Today, it outperformed its sector by 1.38% and reached an intraday high of Rs 463.95, which is a 4.26% increase. Despite this positive short-term performance, the stock has shown a decline of 15.22% over the past year and a year-to-date drop of 10.67%. The company exhibits high management efficiency with a return on equity (ROE) of 18.12% and a low debt-to-equity ratio, but it faces challenges such as poor long-term growth, with net sales growing at an annual rate of only 14.32% and a significant decline in profits over the last year.
In the broader market context, Duncan Engineering's recent performance contrasts with the benchmark, as it has underperformed the market significantly over the past year, where the BSE500 has generated returns of 1.46%. While the stock has shown some positive movement in the short term, its long-term outlook remains concerning due to flat results and a high price-to-book value ratio compared to its peers. This combination of factors suggests that while there may be short-term gains, the overall sentiment around the stock is tempered by its historical underperformance and declining profitability.