Why is Engineers India falling/rising?

As of 12-Aug, Engineers India Ltd. has a current price of 201.85, reflecting a slight increase of 0.2 (0.1%). The stock has been gaining for the last two days, with a total return of 1.18% during this period. Despite a recent decline of 19.26% over the past month and a 3.88% drop in the last week, the stock has shown resilience with a year-to-date increase of 10.60%. Key factors contributing to this recent price movement include a high management efficiency indicated by a return on equity (ROE) of 16.04%, a low debt-to-equity ratio, and a significant growth in net profit of 158.44%. Additionally, the stock has seen rising investor participation, with delivery volume increasing by 34.36% compared to the five-day average, suggesting growing interest from investors.
In the broader market context, Engineers India’s performance has been relatively better than the benchmark Sensex, which has declined by only 0.59% over the past week. However, the stock's longer-term performance shows a stark contrast, with a 19.26% drop in the last month compared to the Sensex's 2.75% decline. The high institutional holdings at 21.47% indicate confidence from larger investors, which may provide stability amidst the stock's recent volatility. Overall, while the stock has faced challenges in the short term, its recent gains and strong fundamentals suggest a potential for recovery.