Why is IRM Energy falling/rising?

As of 07-Jul, IRM Energy Ltd's stock price is currently at 315.00, reflecting an increase of 0.9 (0.29%). The stock has shown a positive performance recently, having outperformed its sector by 0.47% today and achieving a consecutive gain over the last two days with a total return of 1.2%. Over the past week, the stock has risen by 3.26%, while it has gained 5.35% over the past month. However, despite these short-term gains, the company has faced significant challenges, including a poor long-term growth outlook with an operating profit decline of -28.94% over the last five years and negative results for the last five consecutive quarters. The stock has generated a return of -32.26% over the past year, indicating a troubling trend in profitability, which has fallen by -49%.
In the broader market context, while IRM Energy's recent performance has been positive, it has still underperformed compared to the Sensex, which has gained 1.53% over the past month. The stock's year-to-date performance shows a decline of -9.47%, contrasting sharply with the Sensex's increase of 6.79%. This underperformance in the long term and the recent negative financial results contribute to a cautious outlook for investors, despite the recent uptick in stock price and rising investor participation.