Why is Indian Energy Ex falling/rising?

As of 25-Aug, Indian Energy Exchange Ltd is experiencing a slight increase in its stock price, currently at 144.00, with a change of 0.15 (0.1%) upwards. The stock has shown a positive performance over the past week with a return of +2.31%, although it has underperformed over the past month with a decline of -0.76%. Today's price summary indicates that the stock is performing in line with its sector, and while it is trading higher than its 5-day and 20-day moving averages, it remains below its longer-term moving averages. The company has demonstrated strong management efficiency with a high return on equity (ROE) of 38.92% and has maintained a low debt-to-equity ratio. Furthermore, it has reported positive results for the last four consecutive quarters, which may contribute to the recent uptick in price.
In the broader market context, the stock's short-term return of +2.31% over the past week significantly outpaces the benchmark Sensex, which has only increased by +0.45%. However, the stock's long-term performance remains concerning, with a year-to-date decline of -20.73% compared to the Sensex's gain of +4.48%. Despite high institutional holdings and a recent increase in their stake, the stock's valuation appears expensive, and its long-term growth prospects are viewed as poor, with a negative return of -23.81% over the past year. This combination of short-term gains amidst long-term challenges suggests a complex outlook for Indian Energy Exchange Ltd.