Why is Ahluwalia Contr. falling/rising?

As of 10-Jul, Ahluwalia Contracts (India) Ltd is experiencing a price increase, currently at 1,002.70, reflecting a rise of 5.2 points or 0.52%. The stock has outperformed its sector by 0.64% today and has shown a consecutive gain over the last two days, with a total return of 5.77% during this period. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. The company has recently declared positive results after three consecutive negative quarters, showcasing the highest operating profit to interest ratio at 9.64 times and net sales of Rs 1,215.84 crore. Despite a year-over-year return of -29.39% and a profit decline of -12.5%, the stock's low debt-to-equity ratio and high institutional holdings at 36.4% suggest a stable investment environment.
In the broader market context, Ahluwalia Contracts has outperformed the Sensex over the past week, with a return of +1.68% compared to the benchmark's -0.06%. However, the stock has underperformed on a year-to-date basis, with a decline of -1.85% against the Sensex's gain of +6.46%. This indicates that while the stock is currently gaining momentum, it has faced challenges over a longer time frame. The rising investor participation, evidenced by a significant increase in delivery volume, further supports the stock's upward movement, suggesting renewed interest from investors despite its historical performance.