Why is Ahluwalia Contr. falling/rising?

As of 28-Jul, Ahluwalia Contracts (India) Ltd is experiencing a price increase, currently at 1,030.30, reflecting a rise of 16.3 or 1.61%. Today's price summary indicates that the stock has outperformed its sector by 2.34% and has gained after three consecutive days of decline. Despite opening with a loss of 4.24% and touching an intraday low of Rs 971.05, the stock's weighted average price suggests more volume was traded closer to this low. Over the past week, the stock has seen a decline of 4.43%, but it has performed better over the past month with a return of 4.13%. Positive factors include the company's recent declaration of strong quarterly results after three negative quarters, with significant growth in net sales and profit after tax, alongside a low debt-to-equity ratio and high institutional holdings.
In the broader market context, while Ahluwalia Contracts has outperformed its sector today, its one-week return of -4.43% contrasts with the Sensex's decline of only 1.59%. Year-to-date, the stock has gained 0.85%, which is lower than the Sensex's 3.52% increase. The stock's performance over the last year has been significantly negative, with a return of -24.35%, while the Sensex has only declined by 0.54%. This indicates that while the stock is currently rising, it has faced substantial challenges over the longer term compared to the broader market.