Why is HB Portfolio falling/rising?

As of 01-Aug, HB Portfolio Ltd's stock price is currently at Rs 86.90, reflecting an increase of Rs 1.9 or 2.24%. The stock has shown a positive trend recently, gaining 2.72% over the last two days and outperforming its sector by 3.72% today. It opened with a significant gain of 4.45% and reached an intraday high of Rs 88.78. However, the stock's performance over the past month has been negative, with a decline of 13.09%. Despite generating a return of 14.64% over the past year, the company has faced operational challenges, including a substantial drop in operating profit and negative results in recent quarters, which raises concerns about its long-term fundamental strength.
In the broader market context, the stock's short-term return of +1.16% over the past week contrasts with the Sensex, which has declined by 1.06% during the same period. This indicates that HB Portfolio Ltd is performing better than the overall market in the short term. However, the company's weak financial performance, including a significant fall in net sales and cash reserves, suggests that while the stock may be experiencing a temporary rise, underlying issues could impact its future performance.