Why is Elpro Internatio falling/rising?

As of 25-Jun, Elpro International Ltd's stock price is currently at 112.21, reflecting an increase of 2.86, or 2.62%. The stock has shown strong performance recently, with a 17.37% increase over the past week and a 26.18% rise over the past month, significantly outperforming the Sensex, which has only increased by 1.61% and 1.27% in the same periods, respectively. Today's trading saw the stock open with a gain of 2.38% and reach an intraday high of Rs 115.5, indicating positive investor sentiment. However, despite these gains, the company has faced challenges, including a significant decline in profit before tax and negative results over the last two consecutive quarters, which may temper long-term investor confidence.
In the broader market context, Elpro International Ltd's recent performance has outpaced the benchmark indices, particularly in the short term, highlighting its resilience despite underlying financial difficulties. While the stock has generated a return of 13.48% over the past year, it is important to note that its profits have decreased by 22.7%, and institutional investors have reduced their stakes, indicating potential caution among more sophisticated market participants. This combination of strong short-term performance against a backdrop of declining financial health suggests that while the stock is currently rising, there are significant concerns that could impact its future trajectory.