Why is Amco India falling/rising?

As of 01-Jul, Amco India Ltd's stock price is currently at 100.35, reflecting a slight decline of -0.14 (-0.14%). The stock has been experiencing a downward trend, having lost -1.13% over the last two days. Despite this recent dip, Amco India has shown strong performance over the past year, generating a return of 72.36%, significantly outperforming the market benchmark (BSE500), which returned only 3.20%. The stock is trading above its moving averages, indicating a generally positive trend, although there has been a decrease in investor participation, with delivery volume falling by -3.39% compared to the 5-day average. The company's attractive valuation, with a low PEG ratio of 0.2 and a return on capital employed (ROCE) of 3.2, suggests potential for growth, but concerns about weak long-term fundamentals and poor sales growth may be contributing to the recent price decline.
In the broader market context, Amco India's short-term performance has been notably strong, with a 1-week return of +21.56% compared to the Sensex's +2.00%. However, the stock's recent price drop may reflect investor caution amid falling delivery volumes and concerns over its long-term growth potential, as evidenced by weak sales and operating profit growth over the past five years. While the stock has outperformed the market significantly in the past year, the combination of declining investor interest and fundamental weaknesses may be influencing its current price movement.