Why is Camlin Fine falling/rising?

As of 31-Jul, Camlin Fine Sciences Ltd is experiencing a price increase, currently at Rs 267.65, reflecting a rise of 12.7 points or 4.98%. The stock has shown a positive performance today, having outperformed its sector by 6.04% and achieving a consecutive gain over the last two days with a total return of 10.21%. It opened with a gain of 2.77% and reached an intraday high of Rs 267.65. Despite a decline of 13.55% over the past month, the stock has generated impressive returns year-to-date at 110.97% and 126.31% over the past year, significantly outperforming the Sensex, which has only increased by 3.90% during the same period. Positive factors contributing to this rise include strong financial results, such as a 43.42% growth in PAT and record net sales, alongside increased institutional investor participation, which has risen by 1.73% in the last quarter.
In the broader market context, while the stock has faced short-term challenges, its long-term performance remains robust, outperforming the BSE500 over various time frames, including the last three years. The stock's recent gains contrast with the Sensex's decline of 1.22% over the past week and 3.00% over the past month, highlighting its resilience in a challenging market environment. However, it is important to note that the company has some weaknesses, such as a relatively low average ROCE and a high Debt to EBITDA ratio, which could pose risks to its long-term growth potential.