Why is Alpine Housing falling/rising?

As of 08-Sep, Alpine Housing Development Corporation Ltd is experiencing a price increase, currently at Rs 128.00, reflecting a rise of Rs 4.0 or 3.23%. Today's price summary indicates that the stock has outperformed its sector by 2.83% and has shown a trend reversal after two consecutive days of decline, reaching an intraday high of Rs 134.95. Despite a recent downturn, the stock has demonstrated strong year-to-date performance with a 16.36% increase, although it has faced challenges in the short term with a 12.66% decline over the past month. The company has reported positive results for the last three consecutive quarters, with a significant growth in profit after tax and net sales, which may contribute to the stock's recent upward movement.
Broader market context shows that while the stock has generated a return of 10.06% over the past year, the broader benchmark, BSE500, has seen negative returns of -3.07%. This indicates that Alpine Housing has been able to maintain a relatively strong performance compared to the market. However, it is important to note that the stock's long-term fundamental strength is considered weak, with a low return on capital employed and modest growth rates in net sales and operating profit over the last five years. This mixed outlook may influence investor sentiment and trading behavior, contributing to the stock's volatility despite its recent gains.