Why is G G Engineering falling/rising?

As of 11-Sep, G G Engineering Ltd's stock price is currently at 0.72, reflecting an increase of 0.06 or 9.09%. The stock has shown strong performance recently, with a 20% rise over the past week and a 26.32% increase over the past month. It has outperformed its sector by 7.56% today and has experienced consecutive gains over the last two days, accumulating returns of 18.03%. The stock's moving averages indicate a positive trend, being higher than the 5-day, 20-day, 50-day, and 100-day averages, although it remains below the 200-day average. Additionally, the company has a low debt-to-equity ratio of 0.07, and its net sales and operating profit have grown significantly, contributing to a very attractive valuation with a price-to-book value of 0.5. However, the company has faced challenges, including poor management efficiency reflected in a low return on equity of 4.10% and flat results in the latest quarter.
In the broader market context, G G Engineering's recent short-term performance stands in stark contrast to the benchmark Sensex, which has only increased by 1.03% over the past week. While the stock has generated a return of -64.36% over the past year, its profits have risen by 160%, indicating potential for recovery despite its historical underperformance. The rising investor participation, evidenced by a significant increase in delivery volume, suggests growing interest in the stock, which may be driving its current upward movement. Overall, the combination of strong recent performance, attractive valuation metrics, and increased investor activity appears to be contributing to the stock's rise, despite the backdrop of historical losses and management challenges.