Why is Hindprakash Indu falling/rising?

As of 04-Jul, Hindprakash Industries Ltd is experiencing a price increase, currently at 150.05, reflecting a rise of 3.8 or 2.6%. Today's price summary indicates that the stock has outperformed its sector by 1.46% and has shown a trend reversal after two consecutive days of decline, reaching an intraday high of Rs 151.8. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a positive momentum. Despite a recent drop in delivery volume by 24.14% compared to the 5-day average, the stock's attractive valuation, with a return on capital employed of 4.8 and a discount compared to peers, supports its recent upward movement. However, it is important to note that the company has a weak long-term fundamental strength, with a significant decline in operating profits over the past five years and a low return on equity.
In the broader market context, Hindprakash Industries Ltd has outperformed the Sensex in the short term, with a 1-week return of +3.09% compared to the benchmark's -0.74%. While the stock has generated a return of -19.35% over the past year, it has shown a positive trend in recent months, with an 18.62% increase over the last month, contrasting with the Sensex's 3.01% gain. This indicates that while the stock has struggled in the long term, recent performance suggests a potential recovery phase, driven by positive quarterly results and favorable valuation metrics, despite underlying concerns regarding its long-term profitability and debt servicing capabilities.