Why is Dilip Buildcon falling/rising?

As of 02-Sep, Dilip Buildcon Ltd. is currently priced at 472.35, reflecting a rise of 1.3 (0.28%). The stock has shown a positive trend, gaining for the last three days with a total return of 1.89% during this period. Despite this recent uptick, the stock has underperformed over the past year with a decline of 13.65%. The company's return on capital employed (ROCE) stands at 13.4, indicating a very attractive valuation, especially as it trades at a discount compared to its peers. However, the decrease in promoter holding to 63.14% raises concerns about long-term confidence in the stock. Additionally, while profits have surged by 135.9%, the stock's fundamentals show weaknesses, including a high debt to EBITDA ratio and declining net sales.
In the broader market context, Dilip Buildcon's short-term performance has outpaced the Sensex, which has fallen by 0.78% over the past week, while the stock itself has gained 0.49%. This indicates that the stock is performing relatively well compared to the overall market. However, the declining investor participation, as evidenced by a 28.7% drop in delivery volume, suggests that interest may be waning despite the recent price increase. Overall, while the stock is currently rising, the mixed signals from its financial health and market participation could indicate underlying challenges that may affect its future performance.