Why is G G Engineering falling/rising?

As of 13-Oct, G G Engineering Ltd's stock price is currently at 0.66, reflecting an increase of 0.03 or 4.76%. The stock has been gaining momentum, having outperformed its sector by 5.61% today and achieving a consecutive gain over the last three days, with a total return of 8.2% during this period. Despite a significant decline of 64.52% over the past year, the company has shown a remarkable profit increase of 160%, leading to a very attractive valuation with a Price to Book Value of 0.5. However, it is important to note that the stock has weak long-term fundamental strength, indicated by an average Return on Equity (ROE) of 4.10%, and flat results in recent financial periods.
In the broader market context, G G Engineering's short-term return of 4.76% over the past week significantly outpaces the Sensex's return of 0.66% during the same period. This indicates that while the stock is experiencing a positive short-term trend, it still faces challenges in the long term, as evidenced by its substantial year-to-date decline of 62.50% compared to the Sensex's gain of 5.36%. The liquidity of the stock remains adequate for trading, with a delivery volume increase of 21.85% against the five-day average, suggesting rising investor participation despite the overall negative performance in the longer term.