Why is Simplex Infra falling/rising?

As of 28-Jul, Simplex Infrastructures Ltd is experiencing a price increase, currently at Rs 306.90, reflecting a change of 4.05 (1.34%) upward. Today's price summary indicates that the stock has outperformed its sector by 2.07% and has shown a trend reversal after two consecutive days of decline, reaching an intraday high of Rs 322, which is a 6.32% increase. Over the past month, the stock has gained 12.48%, significantly outperforming the Sensex, which has declined by 3.77%. However, there are concerns regarding falling investor participation, as delivery volume has decreased by 38.66% compared to the five-day average, and the company has a weak long-term fundamental strength with a high debt-to-equity ratio and negative sales growth over the last five years.
In the broader market context, while Simplex Infrastructures has shown a positive return of 2.30% year-to-date, the Sensex has performed slightly better with a 3.52% increase. The stock's recent performance is notable as it has outperformed the benchmark in the short term, despite the overall market facing challenges. The company's long-term performance remains a concern due to weak fundamentals, including a significant drop in net sales and profits in recent quarters, which may pose risks to its future growth.