Why is Amco India falling/rising?

As of 16-Jul, Amco India Ltd's stock price is currently at 90.95, reflecting an increase of 2.2, or 2.48%. Today's price summary indicates that the stock has outperformed its sector by 3.21% and has experienced a trend reversal, gaining after seven consecutive days of decline. The stock opened with a significant gain of 4.56% and reached an intraday high of Rs 92.8. Despite this positive movement, the stock has shown a decline of 1.14% over the past week, although it has performed well over the past month with an 18.12% increase. The stock's strong performance over the last year, with a return of 36.36%, is notable, especially as its profits have risen by 105%. However, the company has a weak long-term fundamental strength, with a low average Return on Capital Employed (ROCE) of 3.81% and poor growth in net sales and operating profit over the last five years.
In the broader market context, while Amco India has outperformed the benchmark Sensex in the short term, with a 1-month return of 18.12% compared to the Sensex's 1.02%, it is important to note that the stock's long-term performance has lagged behind the benchmark over three years, with a return of 19.99% versus the Sensex's 53.71%. The stock's liquidity appears adequate for trading, but there has been a significant drop in investor participation, with delivery volume falling by 59.19% against the 5-day average. This decline in participation could indicate caution among investors despite the recent price increase, reflecting underlying concerns about the company's long-term growth prospects.