Why is Ador Welding falling/rising?

As of 09-Jul, Ador Welding Ltd's stock price is currently at Rs 1,116.00, reflecting an increase of Rs 38.0 or 3.53%. Today's price performance shows that the stock outperformed its sector by 3.32%, reaching an intraday high of Rs 1,119.5, which is a 3.85% increase. However, it also experienced a low of Rs 1,047, indicating some volatility. Over the past week, the stock has risen by 6.69%, and in the last month, it has increased by 10.21%. Despite a negative return of -20.98% over the past year, the company has shown a profit increase of 3.5%, and institutional investors have raised their stake by 0.65%, indicating growing confidence in the company's fundamentals. The stock's low debt-to-equity ratio and attractive valuation further support its recent upward movement.
In the broader market context, Ador Welding's short-term performance has significantly outpaced the Sensex, which only rose by 0.15% over the same week. While the stock has underperformed the market over the past year, the recent positive trends in institutional investment and profit growth suggest a potential turnaround. However, the decline in investor participation, as indicated by a 55.6% drop in delivery volume, could pose challenges for sustained growth. Overall, while the stock is currently rising, its long-term performance remains a concern due to previous negative results and underperformance relative to the broader market.