Why is Apcotex Industri falling/rising?

As of 08-Jul, Apcotex Industries Ltd is experiencing a price increase, currently at 402.00, reflecting a rise of 4.4 or 1.11%. The stock has outperformed its sector today by 1.4% and has shown a consecutive gain over the last two days, with a total return of 1.43% in that period. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating positive momentum. However, it is important to note that investor participation has declined, with delivery volume dropping by 51.55% compared to the 5-day average. The company has a strong ability to service debt, evidenced by a low Debt to EBITDA ratio of 0.64 times, and has demonstrated healthy long-term growth with an annual operating profit increase of 33.01%. Despite a negative return of -8.63% over the past year, the stock is trading at a discount compared to its peers, suggesting potential for recovery.
In the broader market context, Apcotex Industries has outperformed the Sensex in the short term, with a 1-week return of +1.18% compared to the benchmark's +0.02%. However, the stock has consistently underperformed against the benchmark over the last three years, generating -8.63% returns in the past year while the Sensex has gained 4.69%. The low stake of domestic mutual funds at only 0.03% may indicate a lack of confidence in the stock's current valuation or business prospects, which could be a concern for potential investors. Overall, while the stock is currently rising, its long-term performance and investor sentiment present mixed signals.