Why is ISGEC Heavy falling/rising?

As of 12-Sep, ISGEC Heavy Engineering Ltd is currently priced at 999.95, reflecting an increase of 4.85 (0.49%). Today's price summary indicates that the stock opened with a gain of 2.5% and reached an intraday high of Rs 1019.95. However, it has underperformed its sector by 0.42% and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has seen a decline of 0.31%, and its year-to-date performance shows a significant drop of 30.71%. Despite a low debt-to-equity ratio of 0.33 and a return on capital employed (ROCE) of 12.4, the stock's negative performance over the past year, with a return of -25.47%, suggests underlying issues, particularly following disappointing financial results in June.
In the broader market context, the stock has underperformed compared to the benchmark Sensex, which has gained 1.48% over the past week and 4.82% year-to-date. While the stock's recent rise may be attributed to increased investor participation, as evidenced by a 41.41% rise in delivery volume, the overall trend remains negative. The stock's performance is further compounded by a significant decline in net sales and profits reported in the last quarter, which has contributed to its underperformance relative to the market. Thus, while there are some positive indicators, the overall sentiment remains cautious due to the stock's historical performance and recent financial results.