Why is Prajay Engineers falling/rising?

As of 04-Sep, Prajay Engineers Syndicate Ltd is currently priced at 27.92, reflecting a decrease of 0.39, or 1.38%. The stock has shown strong performance over the past week and month, with returns of +18.81% and +50.59%, respectively. However, it has underperformed its sector today by 0.57%. Despite trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, the company faces significant challenges, including operating losses and a weak ability to service its debt, as indicated by a poor EBIT to Interest ratio of -12.29. The stock's negative return of -32.50% over the past year, coupled with reported losses and negative ROE, suggests underlying weaknesses that may be contributing to its current price decline.
In the broader market context, while the Sensex has shown a modest gain of 0.80% over the past week, Prajay Engineers has significantly outperformed this benchmark during the same period. However, the stock's year-to-date performance is concerning, with a decline of 5.99% compared to the Sensex's gain of 3.30%. The company’s weak long-term fundamental strength and negative EBITDA position it as a risky investment, which may deter potential investors despite the recent uptick in delivery volume. Overall, the combination of strong short-term gains contrasted with long-term weaknesses appears to be influencing the stock's current downward movement.