Why is Amco India falling/rising?

As of 25-Jun, Amco India Ltd's stock price is rising, currently at Rs 89.55, reflecting an increase of Rs 7.0 or 8.48%. The stock has been on an upward trend, gaining for the last four days and achieving a total return of 22.17% during this period. It has outperformed its sector by 8.25% today and has shown strong performance over various time frames, including a 51.24% return over the past year, significantly higher than the market's average. The stock is trading above all key moving averages, indicating positive momentum. Additionally, the company has an attractive valuation with a low PEG ratio of 0.2, and its profits have risen by 105% over the past year, contributing to the stock's upward movement.
In the broader market context, Amco India's short-term performance has significantly outpaced the benchmark, with a 14.73% increase over the past week compared to the Sensex's 1.61% rise. This strong relative performance highlights investor confidence in the stock, despite some concerns regarding its long-term fundamentals, such as a weak ROCE of 3.81% and modest growth in net sales. The stock's liquidity is also favorable, with a notable increase in delivery volume, suggesting rising investor participation. Overall, while there are some negative factors to consider, the current positive momentum and strong short-term returns relative to the benchmark are driving the stock's rise.