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

As of 27-Jun, Investment & Precision Castings Ltd's stock price is rising, currently at Rs. 565.00, reflecting an increase of Rs. 23.6 or 4.36%. The stock has recently hit a new 52-week high of Rs. 567.1 and has shown strong performance, gaining 7.63% over the last two days. Over the past year, the stock has generated impressive returns of 99.65%, significantly outperforming the BSE 500 index in both the short and long term. However, despite this positive momentum, there are concerns regarding the company's long-term fundamental strength, as indicated by a low Return on Capital Employed (ROCE) of 7.75% and a high Debt to EBITDA ratio of 3.73 times, which may impact investor confidence.
Broader market context shows that the stock has outperformed the Sensex, which has only increased by 2.00% over the past week, while Investment & Precision Castings Ltd has risen by 13.81%. This strong relative performance in the short term highlights investor interest, despite the underlying concerns about the company's financial health. The stock's liquidity remains adequate, but a decline in delivery volume suggests a potential decrease in investor participation, which could affect future price movements. Overall, while the stock is currently rising, the mixed signals from its fundamentals and market participation may warrant caution among investors.