Why is Praj Industries falling/rising?

As of 25-Jun, Praj Industries Ltd is experiencing a price increase, currently at 500.60, reflecting a change of 4.3 or 0.87% upward. The stock has been gaining for the last four days, with a total return of 5.28% during this period. It is performing in line with its sector, and while it is above the 5-day, 20-day, and 50-day moving averages, it remains below the 100-day and 200-day moving averages. Despite a decline in delivery volume by 3.99% against the 5-day average, the company maintains a low debt-to-equity ratio and strong long-term fundamentals, with an annual operating profit growth rate of 31.70%. However, it has faced challenges, including a significant drop in profits over the past year.
In the broader market context, Praj Industries has outperformed the Sensex in the short term, with a 1-week return of 2.37% compared to the Sensex's 1.61%. Despite its recent gains, the stock has underperformed over the longer term, with a year-to-date decline of 39.06% against the Sensex's increase of 5.91%. The high institutional holdings at 36.67% suggest confidence from larger investors, but the negative results reported for the last six months, including a 50.16% decline in PAT, indicate underlying weaknesses that could affect future performance. Overall, while the stock is currently rising, its long-term outlook remains uncertain due to recent negative financial results.