Why is Ahluwalia Contr. falling/rising?

As of 31-Jul, Ahluwalia Contracts (India) Ltd is experiencing a price increase, currently at Rs 1,032.30, reflecting a rise of Rs 23.0 or 2.28%. Today, the stock has outperformed its sector by 2.4% and has shown a trend reversal after two consecutive days of decline, reaching an intraday high of Rs 1,037.95. Despite this positive movement, the stock has seen a decline of 2.15% over the past week and a more significant drop of 27.35% over the last year. The company has recently reported positive quarterly results, with a notable increase in profit after three negative quarters, contributing to a more favorable outlook. However, the stock's performance over the past year remains concerning, with profits down by 12.5%.
In the broader market context, while the stock has shown some resilience today, it has underperformed the benchmark, the Sensex, which has declined by 1.22% over the past week. The stock's year-to-date performance is slightly positive at 1.04%, contrasting with the Sensex's 3.90% gain. The high institutional holdings at 36.69% may provide some stability, as these investors typically have better resources to analyze the company's fundamentals. However, the overall long-term growth prospects appear weak, with operating profit growth lagging behind market performance, which could continue to impact investor sentiment negatively.