Why is Haz.Multi Proj. falling/rising?

As of 11-Jul, Hazoor Multi Projects Ltd is experiencing a slight increase in its stock price, currently at 44.58, reflecting a change of 0.15 or 0.34% upward. The stock has shown strong performance recently, outperforming its sector by 1.55% today and has gained 1.78% over the last two days. Over the past week, it has surged by 12.38%, while its one-year return stands at an impressive 32.92%. However, despite these positive short-term movements, the stock has faced challenges, including a significant decline in profits by 37% over the past year and a negative trend in operating profit growth over the last five years. The company maintains a low Debt to EBITDA ratio of 0.63, indicating a strong ability to service its debt, and high institutional holdings at 20.98% suggest confidence among more knowledgeable investors.
In the broader market context, Hazoor Multi Projects Ltd's recent performance contrasts sharply with the benchmark Sensex, which has seen a decline of 1.12% over the past week. While the stock has outperformed the benchmark in the short term, it has underperformed year-to-date with a decline of 13.90% compared to the Sensex's increase of 5.58%. The stock's liquidity remains adequate for trading, but a notable drop in delivery volume by 74.27% against the five-day average indicates a potential decrease in investor interest. Overall, while the stock is currently rising, its long-term growth prospects remain uncertain due to ongoing negative financial results and declining sales.