Why is Prajay Engineers falling/rising?

As of 01-Sep, Prajay Engineers Syndicate Ltd is experiencing a decline in its stock price, currently at 26.02, which reflects a decrease of 0.86 or 3.2%. Despite a strong performance over the past week and month, with returns of 18.27% and 40.80% respectively, the stock has underperformed its sector by 4.22% today. The company is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating some positive momentum. However, the company faces significant challenges, including operating losses and a weak long-term fundamental strength, as evidenced by a poor EBIT to Interest ratio of -12.29 and negative return on equity. The stock's performance over the past year has also been concerning, with a return of -38.22%, which is significantly worse than the broader market's decline of -4.75%.
In the broader market context, while the stock has shown strong short-term returns, it has struggled to keep pace with the benchmark indices over the longer term. The Sensex has experienced a slight decline of 1.56% over the past week and a minimal drop of 0.29% over the past month, contrasting with the substantial gains seen in Prajay Engineers during the same periods. This divergence highlights the stock's volatility and the risks associated with its current valuation, particularly given its negative EBITDA and reported losses. The liquidity of the stock remains adequate, but the overall sentiment appears to be cautious due to its weak financial fundamentals and significant underperformance relative to both the market and its historical valuations.