Why is Amco India falling/rising?

As of 04-Jul, Amco India Ltd's stock price is currently at Rs 99.50, reflecting an increase of Rs 1.5 or 1.53%. Despite opening the day with a loss of 3.06%, the stock managed to touch an intraday high of Rs 101, indicating some recovery during the trading session. Over the past week, the stock has experienced a decline of 1.97%, but it has significantly outperformed the market over the last month with a return of 38.54%, compared to the Sensex's 3.01%. The stock's strong performance over the past year, generating a return of 58.59%, is supported by a substantial profit increase of 105%, and it is trading at a discount relative to its peers. However, the stock has shown signs of falling investor participation, with a notable decrease in delivery volume.
In the broader market context, while Amco India has outperformed the benchmark in the short term, the stock's recent price movement reflects mixed signals. The Sensex has declined by 0.74% over the past week, indicating a challenging market environment. Despite the stock's strong historical performance, concerns about its long-term fundamental strength, including a low Return on Capital Employed (ROCE) and weak growth in net sales and operating profit, may be contributing to investor caution. The company's ability to service its debt is also under scrutiny, which could impact future performance. Overall, while the stock shows potential due to its attractive valuation and recent profit growth, the underlying weaknesses may temper investor enthusiasm.