Why is Engineers India falling/rising?

As of 30-Jun, Engineers India Ltd. is experiencing a price increase, currently at Rs 240.70, reflecting a rise of 2.55 or 1.07%. The stock has shown strong performance recently, gaining 3.04% over the last two days and outperforming its sector by 0.52%. It has also touched an intraday high of Rs 243.65. Over the past week, the stock has risen by 5.18%, and year-to-date, it has increased by 31.89%. Positive factors contributing to this rise include high management efficiency with a return on equity (ROE) of 16.04%, a low debt-to-equity ratio, and a significant growth in net profit of 158.44% reported in March 2025. However, there are concerns regarding long-term growth, as net sales have declined at an annual rate of -0.94% over the past five years, and the stock is considered expensive relative to its peers.
In the broader market context, Engineers India Ltd. has outperformed the Sensex, which has increased by 2.09% over the past week, while the stock itself has gained 5.18%. This indicates a strong relative performance against the benchmark. The stock's liquidity is also favorable, with a delivery volume increase of 64.95% compared to the five-day average, suggesting rising investor participation. Despite the positive short-term performance, the stock's long-term growth prospects remain uncertain due to its historical sales decline, which may affect investor sentiment moving forward.