Why is G G Engineering falling/rising?

As of 10-Sep, G G Engineering Ltd's stock price is currently at 0.66, reflecting an increase of 0.05 or 8.2%. The stock has shown strong performance recently, with a 10% rise over the past week and a 17.86% increase over the past month, significantly outperforming the Sensex, which has only risen by 1.06% and 1.96% in the same periods, respectively. However, the stock's long-term performance remains concerning, with a year-to-date decline of 62.50% and a staggering 89.15% drop over the past five years. Despite these long-term challenges, the stock is currently trading at a discount compared to its peers, with a very attractive valuation indicated by a Price to Book Value of 0.5 and a PEG ratio of 0.1.
In the broader market context, G G Engineering's recent performance has outpaced the sector by 6.28%, suggesting a temporary positive sentiment among investors. However, the stock is facing declining investor participation, as evidenced by a 55.95% drop in delivery volume compared to the five-day average. The company's fundamentals indicate weak long-term strength, with an average Return on Equity of 4.10% and a significant portion of profits derived from non-operating income. While the stock's recent price increase may attract short-term traders, the underlying financial challenges and declining participation could pose risks for sustained growth.