Why is TPI India falling/rising?

As of 01-Sep, TPI India Ltd's stock price is currently at 18.00, reflecting an increase of 0.8, or 4.65%. The stock has shown a positive trend today, outperforming its sector by 2% and reversing a two-day decline. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bullish momentum. Over the past week, the stock has gained 4.35%, while it has seen a significant 16.13% increase over the last month. However, the company faces challenges, including a negative book value and a high debt-to-equity ratio, which contribute to its weak long-term fundamental strength. Despite a 128.1% rise in profits over the past year, the stock has underperformed the benchmark, generating a return of -26.44% in the last year.
In the broader market context, TPI India Ltd's recent performance contrasts sharply with the Sensex, which has declined by 1.56% over the past week and is nearly flat over the last month. While the stock has shown short-term resilience, its long-term outlook remains concerning due to consistent underperformance against benchmarks over the past three years and flat results in recent quarters. The overall market sentiment appears to be cautious, as indicated by falling investor participation, with a 4.4% decrease in delivery volume compared to the 5-day average. This combination of short-term gains against a backdrop of long-term challenges suggests that while the stock is rising currently, significant risks remain.