Why is Marine Electric. falling/rising?

As of 11-Sep, Marine Electricals (India) Ltd is experiencing a price increase, currently at 191.72, reflecting a rise of 4.57 or 2.44%. The stock has shown strong performance in the short term, with a 9.53% increase over the past week and an 11.26% increase over the past month, significantly outperforming the Sensex, which rose only 1.10% and 1.71% respectively during the same periods. Today's trading also indicates a notable rise in investor participation, with delivery volume increasing by 527.51% compared to the 5-day average. Additionally, the company has demonstrated a strong ability to service debt, evidenced by a low Debt to EBITDA ratio of 1.03 times and positive financial results, including a 20.9% growth in PAT for the last quarter.
Broader Market Context: Despite the recent positive movements, the stock has underperformed over the longer term, with a year-to-date decline of 27.23% compared to a 5.75% increase in the benchmark. This underperformance is further highlighted by the fact that, while the company’s profits have risen by 45.6% over the past year, the stock has still generated a negative return of -22.99%. The lack of investment from domestic mutual funds, which hold 0% of the company, may indicate a lack of confidence in the stock's valuation, as it trades at a higher Price to Book Value compared to its peers. Overall, while the stock is currently rising, its long-term performance remains a concern in the context of broader market trends.