Why is Orient Ceratech falling/rising?

As of 18-Jul, Orient Ceratech Ltd's stock price is currently at 44.00, reflecting a decrease of 0.96, or 2.14%. The stock has recently underperformed its sector by 1.33% and has experienced a trend reversal, falling after three consecutive days of gains. Despite this decline, the stock has shown strong performance over the past week and month, with returns of 9.73% and 22.22%, respectively. However, the stock has generated a negative return of 14.16% over the past year, indicating a significant drop in profitability, as profits have fallen by 37.7%. The company does maintain a strong ability to service debt, evidenced by a low Debt to EBITDA ratio of 1.47 times, and it has a healthy long-term growth outlook with an annual operating profit growth rate of 47.95%. Nevertheless, the low Return on Capital Employed (ROCE) of 4.63% raises concerns about management efficiency and profitability.
In the broader market context, the Sensex has shown a slight decline of 0.90% over the past week, while Orient Ceratech's stock has outperformed this benchmark significantly during the same period. However, the stock's year-to-date performance is notably poor, with a decline of 15.38% compared to the Sensex's increase of 4.63%. The lack of investment from domestic mutual funds, which hold 0% of the company, may indicate a lack of confidence in the stock's current valuation or business prospects. Overall, while there are some positive indicators regarding the company's growth potential, the recent price decline reflects broader concerns about profitability and management efficiency.