Why is Harsha Engg Intl falling/rising?

As of 30-Jun, Harsha Engineers International Ltd's stock price is currently at Rs 421.50, reflecting an increase of Rs 9.5 or 2.31%. The stock has been on a positive trajectory, gaining for the last four days and achieving a total return of 9.32% during this period. Despite opening with a loss of 5.76% today, it reached an intraday high of Rs 426.6, indicating some volatility. The stock has outperformed its sector by 1.14% today, and it is trading above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average. While the stock has generated a return of -23.36% over the past year, its profits have increased by 5%, and it maintains a low debt-to-equity ratio, which could be contributing to its recent upward movement.
In the broader market context, Harsha Engineers has outperformed the Sensex in the short term, with a 1-week return of 8.87% compared to the Sensex's 2.09%. However, the stock has consistently underperformed against the benchmark over the last three years, indicating a long-term struggle. The company's operating profit has declined at an annual rate of -6.33% over the past five years, and its latest PAT has seen a significant drop of -63.44%. Despite the recent gains, the overall financial health, characterized by low ROCE and cash equivalents, suggests ongoing challenges that may affect future performance.