Why is Inv.& Prec.Cast. falling/rising?

As of 26-Jun, Investment & Precision Castings Ltd is experiencing a price increase, with its current price at 1,082.80, reflecting a rise of 32.85 (3.13%). The stock has shown strong performance, being only 1.59% away from its 52-week high of Rs 1100. It has outperformed its sector by 2.52% today and has been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past year, the stock has generated a remarkable return of 92.58%, significantly outperforming the BSE 500 index in both the short and long term. However, despite this impressive performance, the company has shown weak long-term fundamental strength, with a low Return on Capital Employed (ROCE) of 7.75% and a concerning Debt to EBITDA ratio of 3.73 times, which may raise red flags for some investors.
In the broader market context, the stock's short-term return of 14.51% over the past week significantly surpasses the Sensex's return of 2.94% during the same period. This indicates a strong relative performance against the benchmark, contributing to investor interest. However, the stock's high valuation, coupled with a decline in profits by 22.2% over the past year, suggests that while the stock is currently rising, there are underlying concerns regarding its long-term sustainability and growth potential. The lack of domestic mutual fund investment, which stands at 0%, may also indicate a lack of confidence among institutional investors regarding the stock's future performance.