Why is Infronics Sys. falling/rising?

As of 13-Aug, Infronics Systems Ltd is experiencing a price increase, currently at Rs 31.28, reflecting a rise of 1.77 (6.0%). Today's performance indicates that the stock opened with a gain of 5.39% and reached an intraday high of Rs 31.4, outperforming its sector by 5.86%. However, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend in the longer term. Additionally, the stock has shown a significant decline in investor participation, with delivery volume falling by 39.55% compared to the 5-day average. Over the past year, the stock has generated a return of -35.37%, indicating a substantial underperformance relative to the broader market.
In the broader market context, Infronics Systems Ltd's short-term return of +0.97% over the past week contrasts with the Sensex, which has remained nearly flat at -0.01%. Despite the recent uptick in price, the company faces significant challenges, including weak long-term fundamental strength characterized by a -9.96% CAGR growth in net sales over the last five years and a poor EBIT to Interest ratio of 1.29. The stock's valuation appears expensive with a Price to Book Value of 10.5, and its profits have declined by -55.6% over the past year. These factors contribute to a negative outlook, despite the recent price increase, indicating that the stock's long-term performance remains concerning.