Why is Mitcon Consult. falling/rising?

As of 22-Sep, Mitcon Consultancy & Engineering Services Ltd is experiencing a price increase, currently at 66.09, reflecting a change of 1.19 or 1.83% upward. The stock has shown a performance today that outperformed its sector by 2.54%. In the short term, the stock has gained 2.04% over the past week, although it has faced a decline of 5.00% over the past month. Despite a significant drop of 47.92% over the past year, the stock is trading at a discount compared to its peers' average historical valuations, which may attract some investor interest. Additionally, the stock has seen a rise in delivery volume, indicating increased investor participation, and it has a high institutional holding of 24.81%, suggesting confidence from larger investors.
In the broader market context, the stock's recent short-term performance of +2.04% over the past week has outpaced the Sensex, which only gained 0.53% in the same period. However, the stock's long-term performance remains concerning, with a year-to-date decline of 41.77% compared to a 6.59% increase in the benchmark. The company faces challenges such as weak long-term growth, a high debt-to-EBITDA ratio, and negative profit growth, which contribute to its overall underperformance against the market. Despite these challenges, the recent uptick in price may be attributed to short-term trading dynamics and the stock's attractive valuation relative to its peers.