Why is Nuvoco Vistas falling/rising?

As of 17-Sep, Nuvoco Vistas Corporation Ltd is currently priced at 447.80, reflecting an increase of 4.3 (0.97%). The stock has been on an upward trend, gaining for the last three days with a total return of 4.59% during this period. Despite this positive movement, the stock's delivery volume has decreased by 13.27% compared to the five-day average, indicating a decline in investor participation. Over the past year, Nuvoco has outperformed the market with a return of 22.77%, while its profits have increased by 12.1%. The company has reported significant growth in its profit before tax and profit after tax, alongside a low debt-equity ratio of 0.45 times, contributing to its attractive valuation compared to peers.
In the broader market context, Nuvoco's short-term performance of +0.91% over the past week is lower than the benchmark Sensex, which has gained 1.56% in the same period. However, the stock has shown resilience by generating a return of 22.77% over the past year, while the broader market has faced a decline of -0.46%. The high institutional ownership at 22.93% suggests confidence from knowledgeable investors, which may support the stock's stability despite the recent drop in trading volume. Overall, while Nuvoco Vistas is experiencing a rise in price, the decrease in investor participation and mixed short-term performance compared to the benchmark may warrant caution.