Why is PSP Projects falling/rising?

As of 22-Jul, PSP Projects Ltd is experiencing a price increase, with the current price at Rs 812.85, reflecting a rise of 4.05 (0.5%). The stock has shown a positive trend today, outperforming its sector by 1.3% and is close to its 52-week high, just 3.65% away from Rs 842.5. Despite a recent three-day decline, the stock has gained today, and its performance over the past month has been strong, with a return of 10.08%. However, the stock has faced challenges, including a significant drop in delivery volume by 60.14% against the five-day average, indicating falling investor participation. The company has a low debt-to-equity ratio and has generated a return of 20.00% over the last year, which is substantially higher than the market average, but it has also reported negative results for the last six consecutive quarters, leading to concerns about its long-term growth.
In the broader market context, PSP Projects' short-term performance has been relatively better than the benchmark, as it has declined by 1.72% over the past week compared to the Sensex's decline of 0.47%. While the stock has shown impressive year-to-date growth of 25.09% against the Sensex's 5.18%, the long-term outlook remains uncertain due to poor operating profit growth and a high valuation compared to peers. The company's recent negative quarterly results and a significant drop in profits by 54.1% over the past year raise concerns that could affect investor sentiment moving forward.