Why is Mitcon Consult. falling/rising?

As of 27-Jun, Mitcon Consultancy & Engineering Services Ltd is currently priced at 86.01, reflecting an increase of 1.81 or 2.15%. The stock has outperformed its sector by 0.3% today, and its current price is higher than the 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average. Despite this positive movement, the stock has shown a significant decline over the past year, with a return of -36.80%, while profits have only increased by 4.1%. The stock's valuation appears attractive with a ROCE of 8.7 and a PEG ratio of 5.1, but it also faces challenges such as weak long-term growth and a high Debt to EBITDA ratio of 4.81 times, which may contribute to investor caution.
In the broader market context, the stock's short-term return of +1.75% over the past week is slightly lower than the benchmark Sensex's return of +2.09%. Over the past month, the stock has gained +5.21%, while the Sensex has increased by +3.27%. This indicates that while Mitcon is experiencing some upward movement, it is still lagging behind the overall market performance in the longer term, particularly with a year-to-date decline of -24.21% compared to the Sensex's +8.43%. The high institutional holdings at 24.2% suggest that more informed investors are involved, but the overall underperformance relative to the market may lead to continued volatility in the stock's price.