Why is Amco India falling/rising?

As of 09-Jun, Amco India Ltd's stock price is currently at Rs 76.80, reflecting an increase of Rs 3.8 or 5.21%. The stock has shown strong performance today, outperforming its sector by 5.24% and has been on a gaining streak for the last three days, accumulating a total return of 6.93% during this period. It opened with a significant gain of 9.32% and reached an intraday high of Rs 79.8. Despite this positive movement, the stock has experienced a decline in investor participation, with delivery volume dropping by 37.15% compared to the five-day average. The stock is technically in a mildly bullish range, supported by a favorable valuation with a low PEG ratio of 0.1 and a return on capital employed (ROCE) of 3.2, although it has shown weak long-term fundamental strength.
In the broader market context, Amco India's short-term performance has significantly outpaced the benchmark, with a one-week return of 9.67% compared to the Sensex's 1.32%. Over the past month, the stock has risen by 20.38%, while the benchmark has only increased by 3.76%. However, it is important to note that the stock's year-to-date performance remains negative at -10.70%, contrasting with the Sensex's positive return of 5.51%. This disparity highlights the stock's volatile nature and the mixed signals from its recent performance, indicating that while it is currently rising, there are underlying concerns regarding its long-term growth potential and financial health.