Why is Hindprakash Indu falling/rising?

As of 01-Jul, Hindprakash Industries Ltd is experiencing a price increase, currently at Rs 153.00, reflecting a rise of Rs 9.3 or 6.47%. The stock opened significantly higher today, with a gain of 19.97%, and reached an intraday high of Rs 172.4. Despite high volatility, with an intraday fluctuation of 15.13%, the stock has outperformed its sector by 4.9%. Over the past week, it has shown a robust return of 17.42%, while its one-month return stands at 11.35%. Positive financial results, including a higher profit after tax and record net sales, contribute to its attractive valuation, although it has a negative one-year return of -4.08%. However, the stock's long-term fundamentals are weak, with a significant decline in operating profits over the past five years.
In the broader market context, Hindprakash Industries Ltd's short-term performance is notably stronger than the benchmark Sensex, which has only increased by 2.00% over the past week. While the stock has shown resilience in the short term, its long-term outlook is clouded by weak fundamentals, including a poor EBIT to interest ratio and low return on equity. This juxtaposition of strong short-term gains against a backdrop of long-term challenges may create a complex investment scenario for potential investors.