Why is Amco India falling/rising?

As of 10-Jul, Amco India Ltd's stock is currently priced at 90.00, reflecting a decrease of 2.0, or 2.17%. The stock has been underperforming, having fallen for the last four consecutive days, resulting in a total decline of 9.55% during this period. Today's trading saw the stock touch an intraday low of Rs 88, indicating significant selling pressure. Despite a strong performance over the past year with a return of 45.16%, the stock's recent decline is compounded by falling investor participation, as evidenced by a 14.58% drop in delivery volume compared to the five-day average. While the company has an attractive valuation with a low PEG ratio and has seen profits rise significantly, its long-term fundamental strength appears weak, with a low ROCE and poor growth metrics over the last five years.
In the broader market context, Amco India's short-term performance has been notably worse than the benchmark, with a 1-week return of -8.16% compared to the Sensex's slight decline of only 0.06%. Although the stock has outperformed the market over the past year, the recent downturn suggests investor concerns regarding its long-term growth potential and financial health. The company's ability to service its debt is also a concern, which may be contributing to the stock's current weakness. Overall, while Amco India has shown strong historical returns, the recent price movement reflects a combination of short-term selling pressure and underlying fundamental weaknesses.