Why is Mitcon Consult. falling/rising?

As of 23-Sep, Mitcon Consultancy & Engineering Services Ltd is experiencing a price increase, currently at 69.58, reflecting a change of 3.49 or 5.28% upward. The stock has outperformed its sector today by 5.53%, with a notable rise in delivery volume, which increased by 82.22% compared to the 5-day average. Despite this positive movement, the stock has had a challenging year, with a year-to-date return of -38.69% and a one-year return of -45.86%. The company has a Return on Capital Employed (ROCE) of 8.7, indicating a very attractive valuation, and it is trading at a discount compared to its peers. However, the stock's long-term fundamentals are weak, with low growth in net sales and a high Debt to EBITDA ratio, which raises concerns about its ability to service debt.
In the broader market context, the stock's short-term performance of +7.19% over the past week contrasts sharply with the Sensex, which has declined by 0.28% during the same period. This indicates that Mitcon is gaining traction relative to the overall market. However, it is essential to note that while institutional holdings are high at 24.81%, reflecting confidence from larger investors, the stock has underperformed the BSE500 over the last three years, one year, and three months. This mixed performance suggests that while there may be short-term optimism, long-term challenges remain significant for Mitcon Consultancy & Engineering Services Ltd.