Why is Electrost.Cast. falling/rising?

As of 25-Jun, Electrosteel Castings Ltd is experiencing a price increase, with its current price at Rs 133.55, reflecting a rise of 8.0 or 6.37%. The stock has been on an upward trend, gaining for the last four consecutive days and achieving a total return of 9.87% during this period. Additionally, it has outperformed its sector by 6.06% today. Over the past week, the stock has increased by 4.42%, and in the last month, it has shown a significant rise of 25.81%. However, it is important to note that despite these recent gains, the stock has underperformed over the longer term, with a year-to-date decline of 3.68% and a one-year drop of 24.78%. The company's healthy long-term growth, indicated by a 21.98% annual increase in net sales and a 23.68% rise in operating profit, contrasts with its recent negative earnings results, which have contributed to a decline in EPS of 12.38%.
In the broader market context, the stock's short-term performance has significantly outpaced the benchmark Sensex, which has only increased by 1.61% over the past week and 1.27% over the past month. While the stock's recent gains are encouraging, the overall negative sentiment from its underperformance over the past year, where it has generated a return of -24.78% compared to the market's positive return of 3.43%, may still weigh on investor confidence. The high institutional holdings at 20.91% suggest that informed investors are backing the stock, yet the falling investor participation and declining delivery volumes indicate potential caution among retail investors.