Why is Alufluoride falling/rising?

As of 28-Jul, Alufluoride Ltd's stock price is currently at 437.45, reflecting an increase of 17.45 or 4.15%. The stock has shown positive momentum, gaining 5.74% over the last two days and outperforming its sector by 4.84% today. It reached an intraday high of Rs 440, and its performance over the past week and month has been favorable, with returns of +1.97% and +9.91%, respectively. Despite a year-to-date decline of -8.86%, the company exhibits strong fundamentals, including a high return on capital employed (ROCE) of 21.91%, a low debt to EBITDA ratio of 0.66, and a healthy operating profit growth rate of 52.49%. However, the company has faced challenges, such as a significant drop in profit after tax for the quarter, which fell by -71.9%.
In the broader market context, Alufluoride's recent performance contrasts with the Sensex, which has declined by -1.59% over the past week and -3.77% over the past month. This indicates that Alufluoride is not only performing well relative to the market but also benefiting from its strong management efficiency and attractive valuation compared to peers. Despite the positive short-term trends, the stock's year-over-year performance remains negative at -10.98%, suggesting that while recent movements are upward, there are underlying concerns that could affect long-term investor sentiment.