Why is Dilip Buildcon falling/rising?

As of 25-Aug, Dilip Buildcon Ltd. is experiencing a price increase, with its current price at Rs 474.80, reflecting a rise of Rs 8.3 or 1.78%. Today's performance indicates a trend reversal as the stock has gained after three consecutive days of decline. It reached an intraday high of Rs 479.05, showing a 2.69% increase. Despite this positive movement today, the stock has underperformed over the past week with a decline of 2.93%, although it has shown a modest gain of 2.45% over the past month. The stock's long-term performance reveals a significant drop of 11.89% over the past year, despite a remarkable profit increase of 135.9%, which suggests a disconnect between stock price and underlying profitability. However, the decrease in promoter holding to 63.14% raises concerns about confidence in the company's future.
In the broader market context, the Sensex has gained 0.45% over the past week, contrasting with Dilip Buildcon's decline, which indicates that the stock is not following the general market trend. While the stock has outperformed its sector today, the overall weak long-term fundamentals, including a high Debt to EBITDA ratio and low growth rates in net sales and operating profit, suggest underlying vulnerabilities. The stock's valuation appears attractive with a PEG ratio of 0.2, but the falling investor participation and liquidity issues could hinder sustained upward movement. Overall, while there are some positive indicators, the stock's recent rise may not be indicative of a long-term recovery given the broader challenges it faces.