Why is Amco India falling/rising?

As of 30-Jun, Amco India Ltd's stock price is currently at 100.49, reflecting a decrease of 1.01, or 1.0%. Today's price summary indicates that the stock has underperformed its sector by 0.65% and has experienced a trend reversal after six consecutive days of gains. Although the stock opened with a gain of 2.17% and reached an intraday high of Rs 105, it also touched a low of Rs 99.2 during the day. Despite this decline, the stock has shown impressive performance over the past year, generating a return of 72.96%, significantly outperforming the market, which returned only 3.95%. The stock is trading above all key moving averages, and there has been a notable increase in investor participation, with delivery volume rising by 147.54% against the five-day average.
In the broader market context, Amco India's recent performance has been strong compared to the benchmark, with a one-week return of 26.64% versus the Sensex's 2.09%. However, the stock's long-term fundamentals raise concerns, as indicated by a weak average Return on Capital Employed (ROCE) of 3.81% and sluggish growth in net sales and operating profit over the past five years. While the stock is trading at a discount compared to its peers and has attractive valuation metrics, the company's ability to service its debt is weak, which could impact investor sentiment. Overall, the combination of short-term volatility and long-term fundamental weaknesses contributes to the current downward movement in Amco India's stock price.