Why is Atam Valves falling/rising?

As of 11-Aug, Atam Valves Ltd is experiencing a price increase, currently trading at Rs 92.50, reflecting a rise of 1.81 or 2.0%. Today's price summary indicates that the stock outperformed its sector by 1.61% and reached an intraday high of Rs 95.19, which is a 4.96% increase. However, despite this positive movement today, the stock has shown a significant decline over the past month, down 14.51%, and a staggering 48.98% over the past year. The company has a high return on capital employed (ROCE) of 31.79% and a low debt to EBITDA ratio of 0.56, suggesting strong management efficiency and debt servicing ability. Nonetheless, the stock's long-term growth prospects appear poor, with operating profit declining at an annual rate of -4.37% over the last five years, and recent net sales falling by 18.2% compared to the previous quarter average.
In the broader market context, Atam Valves' short-term performance contrasts with the benchmark Sensex, which has seen a slight decline of 0.51% over the past week. While the stock has outperformed the sector today, its overall performance remains concerning, as it has underperformed the BSE500 index over the last three years, one year, and three months. This underperformance, coupled with falling investor participation and trading below all key moving averages, suggests that while there may be short-term gains, the long-term outlook remains challenging for Atam Valves Ltd.