Why is Power & Instrum. falling/rising?

As of 05-Sep, Power & Instrumentation (Gujarat) Ltd is currently priced at 158.95, reflecting an increase of 3.1, or 1.99%. Today's price summary indicates that the stock has outperformed its sector by 2.4% and has experienced a trend reversal after two consecutive days of decline. Despite this positive movement, the stock's delivery volume has significantly decreased by 71.64% compared to the 5-day average, suggesting a drop in investor participation. Over the past week, the stock has risen by 1.92%, and in the last month, it has shown a substantial gain of 16.45%. However, it has faced challenges in the longer term, with a year-to-date decline of 52.03% and a one-year return of -13.68%. The company's strong financial performance, including a 58.92% growth in PAT and a 62.15% increase in net sales, contributes positively to its valuation, which is attractive compared to peers.
In the broader market context, the stock's recent performance has outpaced the Sensex, which has only increased by 1.13% over the past week. While the stock has shown some resilience in the short term, its long-term performance remains concerning, as it has underperformed the BSE500 index over the last three years, one year, and three months. The stock's negative returns over the past year, despite significant profit growth, highlight a disconnect between market perception and the company's underlying financial health. This situation suggests that while there are positive indicators for growth, the overall market sentiment and historical performance may be weighing on the stock's price movement.