Why is Alpine Housing falling/rising?

As of 09-Sep, Alpine Housing Development Corporation Ltd is experiencing a rise in its stock price, currently at 135.00, reflecting an increase of 7.0 or 5.47%. The stock has shown strong performance today, outperforming its sector by 5.79%, and has gained 8.87% over the last two days. It opened with a gain of 3.83% and reached an intraday high of Rs 137, although it also touched a low of Rs 125.2 during the day. Over the past week, the stock has increased by 4.53%, while it has generated a remarkable 26.70% return over the last year, significantly outperforming the BSE500 index. The company has reported positive results for the last three consecutive quarters, with a substantial growth in PAT and net sales, which has likely contributed to the recent upward movement in stock price.
In the broader market context, the stock's short-term performance has outpaced the Sensex, which only increased by 1.18% over the past week. Despite the positive short-term trends, there are concerns regarding the company's long-term fundamental strength, as indicated by a relatively low return on capital employed (ROCE) of 5.54% and a slow growth rate in net sales and operating profit over the past five years. While the stock has performed well in the near term and has a favorable PEG ratio of 0.8, the expensive valuation compared to its peers and the weak long-term growth prospects may temper investor enthusiasm moving forward.