Why is PVV Infra Ltd falling/rising?

As of 18-Nov, PVV Infra Ltd's stock price is currently at 3.83, reflecting an increase of 0.18 or 4.93%. The stock has been gaining momentum, having risen 10.06% over the last two days, and it has outperformed its sector by 6.62% today. Despite a decline of 13.74% over the past month, the stock has shown strong performance year-to-date with a return of 14.84% and an impressive 47.88% increase over the past year. However, the company has faced challenges, including a significant drop in profits by 53.9% over the last year, which raises concerns about its long-term fundamental strength, particularly given its average Return on Equity (ROE) of 8.00%.
In the broader market context, PVV Infra Ltd's recent performance contrasts sharply with the benchmark Sensex, which has only increased by 0.96% over the past week. While the stock has demonstrated strong short-term gains, its long-term performance has been less favorable, particularly with a 5-year return of 105.32% compared to the Sensex's 91.65%. This disparity highlights the stock's volatility and the potential risks associated with its declining profits and weak long-term fundamentals, which may lead investors to approach it with caution despite its recent price increase.