Why is HBL Engineering falling/rising?

As of 02-Jul, HBL Engineering Ltd's stock price is currently at 627.25, reflecting an increase of 7.1, or 1.14%. The stock has shown strong performance recently, gaining 6.86% over the last four days and outperforming its sector by 1.42% today. Additionally, it has consistently outperformed the BSE500 over the past three years, with a remarkable 559.22% increase over that period. However, despite these positive trends, the company has faced challenges, including a significant decline in net sales of -9.49% and negative results in the last two quarters, which may raise concerns among investors about its future profitability.
In the broader market context, HBL Engineering's one-week return of +6.30% significantly outpaces the Sensex's +0.79% return, indicating strong relative performance. While the stock has generated a 24.76% return over the past year, its profits have decreased by -7.5%, suggesting that the stock may be trading at a premium compared to its peers. The low participation from domestic mutual funds, holding only 0.52% of the company, could indicate a lack of confidence in the stock's valuation or business prospects, which may affect investor sentiment moving forward.