Why is Prince Pipes falling/rising?

As of 27-Jun, Prince Pipes & Fittings Ltd is experiencing a price increase, currently at Rs 358.40, reflecting a rise of 3.1 (0.87%). The stock has shown a strong performance recently, gaining 6.81% over the last four days and outperforming its sector by 1.19% today. It reached an intraday high of Rs 364, indicating positive momentum. Despite a year-to-date decline of 16.65% and a significant drop of 48.30% over the past year, the stock has performed well in the short term, with a 4.95% increase over the past week and a 7.37% increase over the past month. The company benefits from high management efficiency, a low debt-to-equity ratio, and substantial institutional holdings, which may contribute to investor confidence. However, the company has faced challenges, including negative results for the last four quarters and poor long-term growth, which could temper enthusiasm.
In the broader market context, Prince Pipes has outperformed the benchmark Sensex in the short term, with a 4.95% return over the past week compared to the Sensex's 2.00% increase. This short-term outperformance may attract more investors, especially given the rising investor participation reflected in a significant increase in delivery volume. However, the stock's long-term performance remains concerning, as it has consistently underperformed against the benchmark over the last three years, with a stark decline in profits. The mixed signals from both short-term gains and long-term challenges create a complex picture for potential investors.