Why is NELCO falling/rising?

As of 18-Sep, NELCO Ltd's stock price is rising, currently at 911.95, reflecting an increase of 59.05 (6.92%). The stock has shown strong performance recently, outperforming its sector by 7.48% today and gaining 7.91% over the last two days. Despite this positive short-term movement, the stock has a mixed performance history, with a year-to-date decline of 27.91% and a one-year return of -17.43%. The company does have a strong ability to service its debt, indicated by a low Debt to EBITDA ratio of 1.01 times, but it has also faced significant challenges, including a -51.17% fall in profit before tax and negative results for the last two consecutive quarters, which may weigh on investor sentiment.
In the broader market context, NELCO's recent short-term return of +11.53% over the past week significantly outpaces the Sensex's gain of +1.80%. However, the stock's long-term performance remains concerning, as it has underperformed the benchmark indices over the past three years, one year, and three months. The lack of domestic mutual fund investment, which stands at 0%, suggests a lack of confidence in the stock's future performance, further complicating its market position despite the recent uptick in price.