Why is Indian Hume Pipe falling/rising?

As of 01-Sep, Indian Hume Pipe Company Ltd's stock price is currently at 372.35, reflecting an increase of 13.35 or 3.72%. Today, the stock has shown a positive performance by outperforming its sector by 0.83% and has gained after two consecutive days of decline, opening with a gain of 3.64%. The stock reached an intraday high of Rs 374.3, marking a 4.26% increase. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past year, the stock has experienced a significant decline of 30.80%, despite a year-to-date return of 3.06%. The company's return on equity stands at 6, indicating attractive valuation metrics, but it has faced challenges with a 17.7% drop in profits over the past year.
In the broader market context, the stock has underperformed compared to the benchmark Sensex, which has seen a slight decline of 1.56% over the past week. Despite the positive movement today, the stock's long-term fundamentals are weak, with a low compound annual growth rate in operating profits and a high debt-to-EBITDA ratio, indicating challenges in servicing debt. Additionally, 30.69% of promoter shares are pledged, which can exert downward pressure on the stock in a falling market. Overall, while today's performance shows a rebound, the stock's long-term outlook remains concerning due to its significant historical underperformance and weak financial indicators.