Why is ISGEC Heavy falling/rising?

As of 25-Aug, ISGEC Heavy Engineering Ltd's stock price is currently at 1,034.45, reflecting an increase of 17.45, or 1.72%. The stock has shown a performance today that outperformed its sector by 0.61% and has gained after three consecutive days of decline. However, despite this short-term uptick, the stock has underperformed over the past month with a return of -8.68%, while the benchmark Sensex has only increased by 0.21%. The stock's moving averages indicate that it is higher than the 5-day moving average but lower than the 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a decline in investor participation, with delivery volume falling by 8.98% against the 5-day average, which may indicate waning interest among investors.
In the broader market context, ISGEC Heavy Engineering Ltd has significantly underperformed compared to the benchmark over the past year, with a return of -27.17% against the Sensex's 0.68%. The company has a low debt-to-equity ratio of 0.32, which is generally favorable, and its return on capital employed (ROCE) of 12.4 suggests an attractive valuation. However, the stock's negative performance is compounded by disappointing financial results, including a 12.90% decline in net sales and a 12.1% drop in profit after tax for the most recent quarter. This combination of factors contributes to a challenging outlook for the stock, despite its recent price increase.