Why is Umiya Buildcon falling/rising?

As of 04-Jul, Umiya Buildcon Ltd's stock price is currently at Rs 83.50, reflecting an increase of Rs 1.5 or 1.83%. The stock has shown a positive performance today, outperforming its sector by 1.81% and achieving a consecutive gain over the last two days with a total return of 5.44%. It reached an intraday high of Rs 84.07, indicating strong upward momentum. However, there are concerns regarding falling investor participation, as the delivery volume has decreased by 29.81% compared to the five-day average. Additionally, while the stock has performed well in the short term with a 4.57% increase over the past week and a notable 21.47% rise over the past month, it has a weak long-term fundamental strength characterized by a low Return on Capital Employed (ROCE) of 3.73% and a high Debt to EBITDA ratio of 16.31 times.
In the broader market context, Umiya Buildcon's recent performance contrasts with the Sensex, which has declined by 0.74% over the past week. Despite the stock's short-term gains, its year-to-date performance shows a modest increase of 4.35%, lagging behind the Sensex's 6.77% gain. The stock's long-term outlook remains concerning due to negative financial results, including a significant decline in profit after tax and a high enterprise value to capital employed ratio, which suggests it is trading at an expensive valuation relative to its peers. Overall, while the stock is experiencing short-term gains, the underlying financial weaknesses and market conditions may pose challenges for sustained growth.