Why is KNR Construct. falling/rising?

As of 22-Jul, KNR Constructions Ltd is experiencing a price increase, currently at 225.90, reflecting a change of 2.25 or 1.01% upward. The stock has outperformed its sector by 1.66% today and has shown consecutive gains over the last two days, with a total return of 1.26% during this period. In the past week, KNR Constructions has risen by 3.22%, while its performance over the last month shows a 7.42% increase. Despite a significant decline of 38.01% over the past year, the company has reported a 32.6% rise in profits, contributing to a favorable PEG ratio of 0.2. The stock's high management efficiency, indicated by a ROCE of 19.74%, and a low Debt to EBITDA ratio of 1.17 times, further support its valuation, which is attractive compared to peers.
In the broader market context, KNR Constructions' short-term performance contrasts with the Sensex, which has declined by 0.47% over the past week and 0.27% over the last month. While the stock has shown resilience in the short term, it has underperformed the BSE500 over the last three years, one year, and three months. The high institutional holdings at 32.17% suggest a level of confidence from more knowledgeable investors, which may be contributing to the recent upward movement. However, the company faces challenges, such as a significant drop in net sales and profit after tax in the latest quarter, indicating underlying issues that could affect its long-term performance.