Why is Creative Casting falling/rising?

As of 02-Jul, Creative Castings Ltd's stock price is currently at 696.65, reflecting a decrease of 23.35 points or 3.24%. Today, the stock opened with a significant gain of 11.11% and reached an intraday high of Rs 825, but it has since fallen to a low of Rs 680, indicating high volatility with an intraday fluctuation of 9.63%. Over the past week, the stock has shown a positive return of 13.83%, but it has underperformed the sector by 4.31% today. Despite a strong performance over the last three years with a return of 110.50%, the stock has faced challenges, including a year-to-date decline of 5.22% and a one-year drop of 13.21%, alongside a significant reduction in profits by 28.3%. The stock is trading at a premium compared to its peers, which may contribute to investor caution.
In the broader market context, while Creative Castings has outperformed the Sensex in the short term, the overall market has generated positive returns, contrasting with the stock's negative performance over the past year. The BSE500 index has returned 3.11% in the same period, highlighting the stock's struggle to keep pace with market trends. The company's weak long-term fundamentals, including a low return on capital employed and declining net sales, further exacerbate investor concerns, leading to its current downward price movement.