Why is Bhagwati Auto falling/rising?

As of 02-Jul, Bhagwati Autocast Ltd's stock price is currently at 385.00, reflecting an increase of 32.0, or 9.07%. Today's price performance indicates that the stock has outperformed its sector by 8%, with an intraday high of Rs 399.8, representing a rise of 13.26%. However, the stock also experienced significant volatility, trading within a wide range of Rs 54.8 and showing a decline in delivery volume by 81.94% compared to the 5-day average. Despite a year-to-date decline of 15.38% and a one-year drop of 20.86%, the company maintains a strong ability to service debt with a low Debt to EBITDA ratio of 1.17 times, and it is trading at a discount compared to its peers, which may contribute positively to its recent price movement.
In the broader market context, Bhagwati Autocast Ltd has shown a short-term return of 10.63% over the past week, significantly outperforming the Sensex, which only increased by 0.79%. However, the stock has underperformed the market over the last year, where the BSE500 generated a return of 3.11%. The company's flat results in March, with a PAT decline of 32.7%, and poor long-term growth metrics, such as a net sales growth rate of only 6.84% over the past five years, suggest that while the stock may be experiencing a temporary rise, underlying fundamentals remain weak, which could impact future performance.