Why is Ambika Cotton falling/rising?

As of 29-Jul, Ambika Cotton Mills Ltd is experiencing a slight increase in its stock price, currently at 1,597.35, reflecting a change of 1.9 (0.12%) upward. The stock has shown a performance of -0.85% over the past week and a positive return of +3.05% over the last month, indicating some recovery in the short term despite a significant decline of -22.83% over the past year. The stock has been gaining for the last two days, with a total increase of 1.42% during this period. Additionally, the company has a low debt-to-equity ratio and a return on equity (ROE) of 7.3, suggesting a fair valuation. Institutional investors have also increased their stake, which may provide a positive outlook for the stock's future performance.
In the broader market context, the Sensex has decreased by -1.03% over the past week and -3.24% over the last month, indicating that Ambika Cotton's short-term performance has outperformed the benchmark index. This relative strength may be attributed to the rising participation of institutional investors, who have increased their holdings, suggesting confidence in the company's fundamentals. However, despite the recent gains, the stock is still trading at a premium compared to its peers, and its long-term performance remains concerning with a year-to-date decline of -1.40%.