Why is Protean eGov falling/rising?

As of 18-Aug, Protean eGov Technologies Ltd's stock price is currently at 749.70, reflecting an increase of 13.4, or 1.82%. The stock has been gaining for the last three days, with a total return of 4.15% during this period, and it has outperformed its sector by 2.27%. However, despite this recent uptick, the stock is still 4.43% away from its 52-week low and has shown a significant decline of 61.27% year-to-date. The company has a low debt-to-equity ratio and high institutional holdings at 33.53%, which may provide some stability, but it also faces challenges such as poor long-term growth, with an annual operating profit decline of 33.25% over the last five years and a high PEG ratio of 4.3, indicating an expensive valuation relative to its earnings growth. In the broader market context, the stock's short-term performance of +3.69% over the past week significantly outpaces the Sensex, which has only increased by 0.83%. However, the stock's long-term performance remains concerning, with a staggering decline of 60.98% over the past year compared to the Sensex's modest gain of 1.04%. This underperformance in the long term, coupled with flat results and a high reliance on non-operating income, suggests that while there may be short-term gains, the overall outlook for Protean eGov Technologies Ltd remains weak in the context of broader market trends.