Why is PSP Projects falling/rising?

As of 28-Aug, PSP Projects Ltd is experiencing a rise in its stock price, currently at 700.70, reflecting an increase of 11.55 or 1.68%. The stock has shown strong performance today, outperforming its sector by 2.84% and achieving a consecutive gain over the last five days with a total return of 6.33%. It reached an intraday high of Rs 712, and its delivery volume has increased significantly, indicating rising investor participation. However, despite these positive short-term movements, the company has faced challenges, including a poor long-term growth outlook with a -13.99% annual decline in operating profit over the last five years and negative results for the last seven consecutive quarters.
In the broader market context, PSP Projects has outperformed the Sensex in the short term, with a 1-week return of +5.30% compared to the benchmark's -2.34%. While the stock has shown resilience in the short term, it has struggled with negative sales growth and declining profits, which raises concerns about its long-term sustainability. The stock's valuation appears expensive relative to its peers, and despite a positive short-term trend, the underlying financial challenges may impact future performance.