Why is HBL Engineering falling/rising?

As of 15-Jul, HBL Engineering Ltd's stock price is currently at 606.70, reflecting an increase of 6.8, or 1.13%. The stock has shown a trend reversal, gaining after two consecutive days of decline. Despite this positive movement today, the stock has underperformed in the short term, with a 1-week return of -3.28% compared to the Sensex's -1.36%. Additionally, the stock has experienced a decrease in investor participation, with delivery volume falling by 13.37% against the 5-day average. While the company has a low debt-to-equity ratio and healthy long-term growth in operating profit, it has also reported negative results in recent quarters, including a significant fall in net sales and profits, which may contribute to investor caution.
In the broader market context, HBL Engineering's performance over the past month shows a gain of 2.65%, while the Sensex has increased by 1.79%, indicating that the stock has outperformed the benchmark in this timeframe. However, the year-to-date performance reveals a decline of 2.62% for HBL Engineering, contrasting with the Sensex's gain of 5.67%. This disparity suggests that while the stock may be experiencing a temporary rise, its overall trajectory remains concerning, particularly given the negative financial results and low mutual fund interest, which could reflect broader market skepticism about the company's future prospects.