Why is Swelect Energy falling/rising?

As of 13-Aug, Swelect Energy Systems Ltd is experiencing a price increase, currently at 665.00, reflecting a rise of 3.6 (0.54%). The stock has shown a positive trend over the last three days, gaining 8.35% during this period. However, it underperformed its sector by 0.84% today and touched an intraday low of Rs 645, indicating some volatility. In terms of returns, the stock has outperformed the benchmark Sensex over the past week and month, with increases of 5.49% and 11.76%, respectively, while it has significantly lagged over the year with a decline of 34.92%. Positive factors contributing to the recent rise include a substantial growth in profit before tax and net sales, alongside an attractive valuation compared to peers, despite a notable drop in profits over the past year.
Broader market context shows that while the stock has performed well in the short term, it has underperformed the broader market over the last year, where the Sensex has only declined by 2.38%. The lack of domestic mutual fund investment, which stands at 0%, may indicate a lack of confidence in the stock's long-term growth potential, especially given its annual operating profit decline of 4.92% over the last five years. This context suggests that while there may be short-term gains, the long-term outlook remains uncertain, which could affect investor sentiment moving forward.