Why is Orient Ceratech falling/rising?

As of 16-Jul, Orient Ceratech Ltd's stock price is currently at 41.20, reflecting an increase of 0.21 or 0.51%. The stock has shown a positive trend recently, gaining 4.97% over the last two days, although it has underperformed its sector by 1.19% today. In terms of longer-term performance, the stock has experienced a decline of 20.39% over the past year, while its profits have fallen by 37.7%. Despite this, the company has a strong ability to service its debt, indicated by a low Debt to EBITDA ratio of 1.47 times, and it has demonstrated healthy long-term growth with an annual operating profit increase of 47.95%. However, the stock's low Return on Capital Employed (ROCE) of 4.63% suggests poor management efficiency, which may be contributing to investor caution.
Broader market context indicates that while the Sensex has declined by 1.08% over the past week, Orient Ceratech's stock has fared worse with a 1.69% drop. Despite the recent gains, the stock's year-to-date performance remains significantly negative at -20.77%, contrasting sharply with the Sensex's positive return of 5.75% during the same period. This underperformance relative to the broader market may be influencing investor sentiment, as the stock has struggled to generate positive returns compared to its peers and the overall market, leading to a cautious outlook despite some recent positive movements.