Why is NBCC falling/rising?

As of 11-Sep, NBCC (India) Ltd is experiencing a rise in its stock price, currently at 107.80, reflecting an increase of 2.31 or 2.19%. The stock has shown strong performance today, outperforming its sector by 2.05% and achieving a consecutive gain over the last five days, with a total return of 5.93% during this period. Additionally, the stock reached an intraday high of Rs 109.48, indicating positive momentum. The stock's performance over the year has been mixed, with a decline of 7.06%, but it has shown impressive growth over three and five years, with returns of 349.95% and 525.80%, respectively. Factors contributing to this upward movement include high management efficiency, a low debt-to-equity ratio, and significant growth in operating profit. Furthermore, institutional investors have increased their stake, which often signals confidence in the company's fundamentals.
In the broader market context, NBCC's short-term return of 5.93% over the past week significantly outpaces the Sensex's return of 1.03% during the same period. This outperformance suggests that investor sentiment towards NBCC is stronger than the overall market. The increased participation from institutional investors, who now hold 16.22% of the company, also indicates a positive outlook on the stock's potential. Despite a negative return over the past year, the company's profits have increased, and its fair valuation suggests that it remains an attractive investment relative to its peers. Overall, the combination of strong recent performance, institutional interest, and solid fundamentals is driving the stock's upward movement.