Why is P. H. Capital falling/rising?

As of 30-Jun, P. H. Capital Ltd's stock price is currently at Rs 194.00, reflecting an increase of Rs 2.7 or 1.41%. The stock has shown a strong performance today, outperforming its sector by 0.89%, with an intraday high of Rs 197.95, marking a rise of 3.48%. Over the past week, the stock has gained 2.86%, and over the past month, it has surged by 19.75%. However, it is important to note that the company has faced significant challenges, including a -61% decline in profits over the past year, despite a modest return of 1.49%. The stock is trading at a premium compared to its peers, and while it has an attractive valuation with a return on equity of 13.3, the operating losses and weak long-term fundamentals raise concerns about its sustainability.
In the broader market context, P. H. Capital's short-term performance has outpaced the Sensex, which has increased by 2.09% over the same week. The stock's liquidity appears adequate, with a notable increase in delivery volume, suggesting rising investor participation. However, the company's recent financial results have been disappointing, with net sales and profit after tax showing significant declines. This juxtaposition of short-term gains against a backdrop of long-term financial struggles indicates that while the stock may be experiencing a temporary rise, underlying issues could pose risks for future performance.