Why is Ador Welding falling/rising?

As of 18-Jul, Ador Welding Ltd's stock price is rising, currently at Rs 1,113.00, reflecting an increase of Rs 28.0 or 2.58%. The stock has shown strong performance today, outperforming its sector by 3.23% and achieving a consecutive gain over the last three days with a total return of 3.14%. Additionally, it has been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating positive momentum. Despite a year-over-year decline of 22.11%, the company has seen a 3.5% increase in profits, and there has been a slight increase in institutional investor participation, which may contribute to the stock's upward movement.
In the broader market context, Ador Welding's short-term return of 1.29% over the past week contrasts with the Sensex, which has declined by 0.90%. While the stock has underperformed the market over the past year, its recent gains suggest a potential recovery phase, especially as institutional investors have increased their stake, indicating confidence in the company's fundamentals. However, the stock's liquidity has decreased, with a notable drop in delivery volume, which could be a concern for future trading activity.