Why is Prince Pipes falling/rising?

As of 26-Jun, Prince Pipes & Fittings Ltd is experiencing a price increase, currently at 355.30, reflecting a rise of 12.0 or 3.5%. The stock has shown a positive trend, gaining 5.89% over the last three days and outperforming its sector by 3.59% today. It opened with a gain of 4.01% and reached an intraday high of Rs 361.6. However, despite these short-term gains, the company faces significant challenges, including a negative growth rate in operating profit over the past five years and a decline in profits by 74.5% over the last year. The stock's long-term performance has been poor, with a return of -48.72% in the past year and consistent underperformance against benchmarks over the last three years.
In the broader market context, the stock's short-term return of +6.60% over the past week significantly outpaces the Sensex's return of +2.94% during the same period. This indicates that while the stock is currently gaining traction, it has struggled in the long term, as evidenced by its year-to-date performance of -17.37% compared to the Sensex's +7.19%. The stock's high institutional holdings suggest some confidence from larger investors, but the overall negative results and declining investor participation raise concerns about its sustainability in the market.