Why is Incon Engineers falling/rising?

As of 30-Sep, Incon Engineers Ltd is experiencing a price increase, currently at 14.17, reflecting a change of 0.67 or 4.96% upward. The stock has shown strong performance recently, outperforming its sector by 4.09% today and achieving a consecutive gain over the last three days, with a total return of 14% during this period. Additionally, the stock has performed well over the past month, with a return of 23.22%, while the Sensex has only increased by 0.57%. However, despite these positive short-term movements, the company faces significant challenges, including a negative book value, high debt levels, and a history of underperformance against benchmarks over the last three years, which could impact investor sentiment.
In the broader market context, Incon Engineers has outperformed the Sensex in the short term, with a 1-week return of 3.81% compared to the Sensex's decline of 2.23%. While the stock has shown some resilience in the short term, its long-term fundamentals remain weak, as indicated by stagnant net sales growth and negative EBITDA. The company's liquidity appears sufficient for trading, but a significant drop in delivery volume suggests a potential decrease in investor participation. Overall, while recent price movements are positive, the underlying financial health of Incon Engineers raises concerns about its sustainability in the long run.