Why is Ahluwalia Contr. falling/rising?

As of 22-Jul, Ahluwalia Contracts (India) Ltd is experiencing a price increase, currently at Rs 1,115.00, reflecting a rise of Rs 36.95 or 3.43%. Today's performance indicates a trend reversal as the stock has gained after four consecutive days of decline, opening with a gain of 2.03%. It reached an intraday high of Rs 1,115, outperforming its sector by 4.08%. Despite this positive movement, the stock has shown a slight decline of 0.13% over the past week and a significant drop of 18.97% over the past year, indicating a mixed performance against the benchmark. The company has recently declared positive results after three quarters of losses, showcasing a substantial growth in net sales and profit after tax, which may have contributed to the current uptick in stock price.
In the broader market context, while the stock has outperformed the Sensex in the short term, it has underperformed over the last year, with the benchmark index showing a modest gain of 2.09%. The stock's high institutional holdings at 36.69% suggest confidence from larger investors, which may support its recent price rise. However, the company faces risks due to poor long-term growth prospects, as indicated by its operating profit growth rate and past performance. The decline in delivery volume also raises concerns about investor participation, which could impact future price movements. Overall, while the stock is currently rising, its long-term outlook remains uncertain.