Why is Perfect Infraeng falling/rising?

As of 05-Aug, Perfect Infraengineers Ltd is experiencing a price increase, currently at Rs. 8.45, which reflects a change of Rs. 0.4 or 4.97% upward. Despite this daily gain, the stock has shown a significant decline over longer periods, with a year-to-date drop of 54.69% and a one-year decline of 69.05%. Today's performance indicates that the stock outperformed its sector by 5.94%, although it is trading below all its moving averages, suggesting a bearish trend. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 58.33% compared to the five-day average, which may indicate waning interest or confidence in the stock.
In the broader market context, the stock's short-term performance contrasts with the benchmark Sensex, which has declined by only 0.69% over the past week, while Perfect Infraengineers Ltd has decreased by 1.17%. This underperformance over the week, coupled with a significant drop in the stock's value year-to-date compared to the Sensex's increase of 4.25%, highlights the challenges faced by the company in attracting investor confidence. The liquidity of the stock remains adequate for trading, but the overall negative sentiment surrounding its long-term performance may overshadow today's positive movement.