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

As of 17-Jul, H.G. Infra Engineering Ltd is currently priced at 1,110.40, reflecting an increase of 7.4 (0.67%). The stock has been gaining for the last three days, with a total return of 3.57% during this period. Despite this recent uptick, the stock has underperformed in the longer term, with a year-to-date decline of 26.95% and a one-year drop of 37.62%. The company has demonstrated high management efficiency with a return on capital employed (ROCE) of 23.42% and a strong ability to service debt, indicated by a low debt to EBITDA ratio of 1.48 times. However, it has faced challenges, including negative results for the last three consecutive quarters, which have contributed to its overall decline in profits by 7.1% over the past year.
In the broader market context, the stock's short-term performance has been relatively better than the benchmark, as it has gained 8.47% over the past month compared to the Sensex's 0.83% increase. However, the stock's long-term performance remains concerning, as it has significantly underperformed the market over the past year, where the BSE500 has generated a return of 0.26%. Additionally, the falling investor participation, with a delivery volume decrease of 22.9% against the five-day average, suggests a lack of confidence among investors, which could hinder further price recovery despite the recent gains.