Why is Dilip Buildcon falling/rising?

As of 29-Aug, Dilip Buildcon Ltd. is currently priced at 470.20, reflecting an increase of 6.6 or 1.42%. The stock has shown a trend reversal by gaining after two consecutive days of decline, outperforming its sector by 0.26%. However, despite this short-term gain, the stock has experienced a decrease of 1.66% over the past month and a significant drop of 13.61% over the past year. The company has a very attractive valuation with a return on capital employed (ROCE) of 13.4, and it is trading at a discount compared to its peers. Nevertheless, the recent decrease in promoter holding to 63.14% and weak long-term fundamentals, including a high debt to EBITDA ratio, may contribute to investor caution.
In the broader market context, Dilip Buildcon's short-term performance is notably better than the Sensex, which has declined by 1.84% over the past week. The stock's year-to-date return of 4.79% also surpasses the Sensex's 2.14% increase, indicating a relatively stronger performance in the current market environment. However, the falling investor participation, as evidenced by a 40.67% drop in delivery volume, raises concerns about liquidity and future demand for the stock. Overall, while the stock has shown some positive movement recently, the underlying challenges and market conditions suggest a cautious outlook.