Why is Kokuyo Camlin falling/rising?

As of 25-Aug, Kokuyo Camlin Ltd's stock price is currently at 115.25, reflecting a decrease of 0.75, or 0.65%. The stock has underperformed its sector today by 0.88%, despite showing higher performance than its 5-day, 20-day, and 100-day moving averages. Over the past week, the stock has gained 2.86%, but it has significantly underperformed over the longer term, with a year-to-date decline of 10.66% and a staggering 37.50% drop over the past year. The company's return on capital employed (ROCE) stands at 10.3, indicating an attractive valuation, yet its profits have plummeted by 100.8% over the last year, contributing to the stock's negative performance. Additionally, the lack of domestic mutual fund investment may signal a lack of confidence in the company's prospects.
In the broader market context, Kokuyo Camlin's recent performance contrasts with the Sensex, which has only seen a slight increase of 0.45% over the past week. While the stock has shown some short-term gains, its long-term growth prospects appear poor, with net sales growing at an annual rate of only 8.64% and operating profit at 19.98% over the last five years. The company's flat results in June, with a profit after tax of Rs 14.45 crore reflecting a decline of 45.80%, further exacerbate concerns about its future growth. Overall, despite some positive short-term movements, the stock's long-term trajectory and recent performance relative to the market suggest ongoing challenges.