Why is RKEC Projects falling/rising?

As of 28-Aug, RKEC Projects Ltd is experiencing a price increase, currently at 67.14, reflecting a change of 4.51 or 7.2% upward. Today's performance indicates that the stock has outperformed its sector by 9.41%. However, it is important to note that while the stock is currently above its 5-day and 20-day moving averages, it remains below the 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has gained 4.91%, contrasting with a decline of 2.32% in the Sensex. Despite this recent uptick, the stock has a troubling year-to-date return of -26.93% and a significant one-year decline of -51.12%. The company's financial health is concerning, with a high Debt to EBITDA ratio of 3.22 times and a declining profitability trend, as evidenced by a 19.5% drop in profits over the past year.
In the broader market context, RKEC Projects' recent performance stands in stark contrast to the benchmark, as it has outperformed the Sensex in the short term while still showing substantial underperformance over the longer term. The stock's negative returns over the past year and its inability to generate positive operating profits in recent quarters suggest a weak long-term fundamental strength. Additionally, the stock is trading at a discount compared to its peers, which may attract some investors despite the overall negative sentiment surrounding its financial results. The combination of falling investor participation and a significant drop in delivery volume indicates a lack of confidence among traders, which could impact future price movements.