Why is ISGEC Heavy falling/rising?

As of 02-Sep, ISGEC Heavy Engineering Ltd's stock price is currently at 1,022.45, reflecting an increase of 27.2, or 2.73%. The stock has shown a positive performance today, outperforming its sector by 1.16% and achieving a consecutive gain over the last two days with a total return of 4.79%. Despite this short-term rise, the stock has underperformed over the past month with a decline of 5.97% and a year-to-date drop of 29.15%. The company's low Debt to Equity ratio of 0.33 and an attractive valuation with a ROCE of 12.4 suggest some underlying strength, but the negative results reported for June, including a 12.90% fall in net sales, have contributed to a lack of investor confidence.
Broader market context indicates that while the stock has gained 2.76% over the past week, the benchmark Sensex has fallen by 0.78% during the same period. This suggests that the stock's recent rise is somewhat isolated, as it has not kept pace with broader market trends over longer periods, particularly with a significant decline of 26.18% over the past year compared to the market's negative return of only 2.91%. The falling investor participation, as evidenced by a 63.97% drop in delivery volume, further highlights the challenges the stock faces in maintaining momentum despite its recent gains.