Why is Prince Pipes falling/rising?

As of 01-Jul, Prince Pipes & Fittings Ltd is experiencing a price increase, currently at 371.10, reflecting a rise of 3.25 or 0.88%. The stock has shown strong performance recently, gaining 10.53% over the last six days and outperforming its sector by 1.22% today. It has also posted impressive returns of 8.51% over the past week and 11.12% over the past month. However, despite these short-term gains, the company faces significant challenges, including a poor long-term growth outlook with a -20.11% annual rate of operating profit decline over the last five years and negative results for the last four consecutive quarters. The company's low ROCE of 3.1 and high enterprise value to capital employed ratio indicate an expensive valuation, which may deter long-term investors.
In the broader market context, while the stock has outperformed the benchmark Sensex in the short term, with a 1W return of 8.51% compared to the Sensex's 2.00%, it has significantly underperformed over the longer term, with a -45.72% return over the past year against the Sensex's 5.31%. This consistent underperformance over three years, coupled with a high institutional holding of 21.17%, suggests that while there may be short-term optimism, the long-term fundamentals remain weak, leading to cautious sentiment among investors.