Why is Camex falling/rising?

As of 23-Jul, Camex Ltd's stock price is currently at Rs 41.10, reflecting an increase of Rs 2.1, or 5.38%. Today's performance indicates a positive trend, as the stock has outperformed its sector by 5.36% and has experienced a trend reversal after three consecutive days of decline. It opened with a significant gain of 3.85% and reached an intraday high of Rs 41.25. However, the stock's performance over the past month shows a decline of 2.14%, and it has generated a return of -31.26% over the past year, indicating ongoing challenges despite today's uptick. The stock's valuation appears attractive with a price-to-book ratio of 1, but it has faced significant profit declines of -43.4% over the past year, contributing to its weak long-term fundamentals.
In the broader market context, Camex Ltd's short-term return of +1.48% over the past week contrasts with the Sensex's modest gain of +0.11%, suggesting that the stock is currently gaining traction relative to the market. However, its year-to-date performance remains concerning, with a decline of -32.46% compared to the Sensex's increase of +5.87%. This underperformance highlights the stock's struggles in the long term, as it has lagged behind the BSE500 in various time frames. Despite today's rise, the overall sentiment remains cautious due to the company's weak long-term growth indicators and poor ability to service its debt, which could impact future performance.