Why is Nagpur Power falling/rising?

As of 17-Sep, Nagpur Power & Industries Ltd is experiencing a price increase, currently at Rs 103.04, reflecting a rise of Rs 4.04 or 4.08%. The stock has shown a positive performance today, outperforming its sector by 1.75% and achieving a consecutive gain over the last three days, with a total return of 7.33% during this period. Despite a decline of 4.90% over the past month and a significant drop of 33.52% year-to-date, the company reported positive results in its latest six months, with net sales growing by 27.03% and a higher profit after tax of Rs 2.33 crore. However, the stock's long-term fundamental strength is weak, evidenced by an average return on equity of only 3.21% and a poor EBIT to interest ratio, which raises concerns about its ability to service debt.
In the broader market context, the stock's short-term return of 3.17% over the past week has outperformed the Sensex, which increased by 1.56% during the same period. While the stock has shown some positive movement recently, it has underperformed against the BSE500 over the last three years, one year, and three months. The stock is trading at a discount compared to its peers' average historical valuations, which may attract some investor interest despite its overall poor performance in the long term. The rising investor participation, indicated by an increase in delivery volume, suggests a potential shift in sentiment, but the underlying weaknesses in financial fundamentals remain a concern.