Why is Dilip Buildcon falling/rising?

As of 01-Sep, Dilip Buildcon Ltd. is currently priced at 471.05, reflecting a slight increase of 0.85 or 0.18%. The stock has shown a consecutive gain over the last two days, rising by 1.61% during this period. However, it has underperformed its sector by 0.7% today and has a mixed performance when compared to its moving averages, being higher than the 200-day moving average but lower than the shorter-term averages. Over the past year, the stock has generated a return of -15.39%, significantly underperforming the broader market, which saw a decline of only -2.43%. Despite a substantial increase in profits of 135.9%, the stock's valuation remains attractive with a low PEG ratio of 0.2, although the decrease in promoter holding to 63.14% raises concerns about investor confidence.
Broader Market Context: In the short term, Dilip Buildcon's performance has been relatively better than the benchmark, with a 1M return of +2.85% compared to the Sensex's -0.29%. However, the stock's long-term fundamentals appear weak, with a low average ROCE of 8.90% and a high Debt to EBITDA ratio of 6.03 times, indicating challenges in servicing debt. The overall market context shows that while the stock has gained recently, its long-term trajectory remains concerning, especially given its significant underperformance over the past year compared to the broader market.