Why is Hitech Corp. falling/rising?

As of 14-Jul, Hitech Corporation Ltd is experiencing a price increase, currently at Rs 207.50, which reflects a rise of Rs 4.4 or 2.17%. Today's price summary indicates that the stock outperformed its sector by 2.36%, reaching an intraday high of Rs 213.8, although it also saw a low of Rs 195.5. Over the past week, the stock has gained 5.28%, while its one-month return stands at 10.20%. Despite this recent uptick, the stock has faced significant challenges, including a year-to-date decline of 13.18% and a one-year drop of 18.60%, alongside a concerning 59.3% decrease in profits over the past year. The company maintains a low Debt to EBITDA ratio of 1.42, indicating a strong ability to service debt, and is trading at a discount compared to its peers, which may contribute positively to its valuation.
In the broader market context, Hitech Corporation's recent performance contrasts sharply with the benchmark, as it has outperformed the Sensex by 5.28% over the past week, while the Sensex itself has declined by 1.42%. However, the stock's long-term growth prospects appear bleak, with a consistent underperformance against the benchmark over the last three years and negative results reported for the last four consecutive quarters. This underperformance, combined with a decline in operating profit and a negative annual growth rate of -4.45% over the last five years, raises concerns about the stock's sustainability despite its recent gains.