Why is H.G. Infra Engg. falling/rising?

As of 16-Jul, H.G. Infra Engineering Ltd's stock price is currently at Rs 1,103.00, reflecting an increase of Rs 21.8 or 2.02%. The stock has shown positive momentum recently, gaining 2.88% over the last two days and outperforming its sector by 1.66% today. Despite this short-term rise, the stock has experienced a significant decline of 38.03% over the past year, with negative results reported for the last three consecutive quarters, including a 20.33% drop in net sales. The company does exhibit strong management efficiency and a healthy ability to service debt, but these positives are overshadowed by its recent poor financial performance.
In the broader market context, H.G. Infra Engineering's short-term return of 3.37% over the past week contrasts sharply with the Sensex, which has declined by 1.08% during the same period. While the stock has outperformed the benchmark in the short term, it has underperformed significantly over the longer term, with a year-to-date decline of 27.43% compared to the Sensex's gain of 5.75%. This disparity highlights the challenges the company faces in regaining investor confidence, despite its attractive valuation relative to peers and strong operational metrics.