Why is PG Electroplast falling/rising?

As of 02-Sep, PG Electroplast Ltd's stock price is currently at 560.70, reflecting an increase of 4.2 (0.75%). The stock has shown a positive trend recently, gaining 5.2% over the last two days and outperforming its sector by 0.77%. However, despite this short-term gain, the stock has experienced a significant decline of 27.99% over the past month and a year-to-date drop of 42.99%. The company's long-term growth appears healthy, with net sales growing at an annual rate of 50.00% and operating profit at 74.19%. Nonetheless, recent financial results have been flat, with a notable decrease in profit before tax and profit after tax, which may contribute to investor concerns. Additionally, a reduction in promoter confidence, indicated by a 5.65% decrease in their stake, could negatively impact market sentiment.
In the broader market context, PG Electroplast's recent performance contrasts with the benchmark Sensex, which has declined by 0.78% over the past week. While the stock has outperformed the benchmark in the short term, its long-term performance shows a stark difference, with a 3-year return of 534.02% compared to the Sensex's 36.32%. This suggests that while the stock may be experiencing a temporary rise, the overall market conditions and the company's recent financial challenges could weigh on its future performance.