Why is P B A Infra. falling/rising?

As of 01-October, P B A Infrastructure Ltd's stock price is currently at 14.25, reflecting an increase of 0.62 or 4.55%. The stock has been gaining momentum recently, having outperformed its sector by 3.8% today and achieving a consecutive gain over the last two days, with a total return of 7.3% in that period. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive short-term trend. However, the company faces significant challenges, including a negative book value and a weak long-term growth outlook, as evidenced by a decline in net sales and operating profit over the past five years. The company has also reported negative results for the last four consecutive quarters, with a substantial drop in both net sales and profit after tax, contributing to a perception of risk among investors.
In the broader market context, P B A Infrastructure Ltd's performance over the last week shows a decline of 1.66%, while the benchmark Sensex has decreased by only 0.90%. This indicates that the stock has underperformed relative to the market in the short term. Despite a positive return of 6.34% over the past month compared to the Sensex's 0.77%, the stock's year-to-date performance remains negative at -5.63%, contrasting sharply with the Sensex's positive return of 3.64%. The high percentage of pledged promoter shares (64.49%) adds to the stock's volatility, particularly in a declining market, which may further pressure its price. Overall, while there are short-term gains, the long-term fundamentals and recent negative financial results suggest a cautious outlook for investors.