Why is Engineers India falling/rising?

As of 14-Jul, Engineers India Ltd. is currently priced at 249.10, experiencing a decline of 0.9, or 0.36%. The stock has been losing value for the last two days, with a total drop of 0.46% during this period. Despite this recent downturn, the stock has shown strong performance over the past week and month, with returns of 5.39% and 11.21%, respectively. It is also trading above its moving averages for various periods, indicating a generally positive trend. However, the company faces challenges, including a long-term growth rate of -0.94% in net sales over the past five years and a high valuation with a Price to Book Value of 5.9, which may deter some investors.
In the broader market context, while Engineers India has outperformed the Sensex over the past week and month, it has underperformed over the past year, generating a return of -13.48% compared to the Sensex's 2.15%. This underperformance, coupled with the stock's high valuation relative to its peers, may contribute to investor caution. Despite the recent positive financial results and high management efficiency, the stock's historical performance and valuation concerns could be influencing its current price movement.