Why is Haz.Multi Proj. falling/rising?

As of 24-Jun, Hazoor Multi Projects Ltd is experiencing a rise in its stock price, currently at Rs 39.84, reflecting an increase of Rs 1.55 or 4.05%. Today's price summary indicates that the stock opened with a gain of 4.02% and reached an intraday high of Rs 40.5, outperforming its sector by 3.71%. Despite this positive movement, the stock has shown a decline of 14.25% over the past month and a year-to-date drop of 23.06%. The company has a low Debt to EBITDA ratio of 0.63, indicating a strong ability to service its debt, and it has consistently generated returns over the last three years. However, it has also faced challenges, including a significant profit decline of 37% over the past year and negative results for the last six consecutive quarters, which may contribute to investor caution.
In the broader market context, the stock's short-term performance contrasts with the benchmark, as it has underperformed the Sensex by 0.40% over the past week, while the Sensex itself has gained 0.58%. The stock's liquidity is adequate, with a delivery volume increase of 61.81% against the five-day average, suggesting rising investor participation. However, the long-term growth outlook remains poor, with an annual operating profit decline of 22.46% over the last five years. This combination of short-term gains amidst a backdrop of declining profits and negative quarterly results may create a mixed sentiment among investors, influencing the stock's recent upward movement despite its overall challenging performance.