Why is Orient Ceratech falling/rising?

As of 23-Jul, Orient Ceratech Ltd is experiencing a price increase, with its current price at 45.62, reflecting a change of 0.77 or 1.72% upward. The stock has shown strong performance recently, outperforming its sector by 2.33% today and achieving a consecutive gain over the last two days with a total return of 4.39%. In the past week, the stock has risen by 10.73%, while over the past month, it has increased by 29.90%. However, despite these positive short-term movements, the stock has underperformed over the year, with a return of -8.71%. The company benefits from a strong ability to service debt, indicated by a low Debt to EBITDA ratio of 1.47 times, and healthy long-term growth with an annual operating profit growth rate of 47.95%. Nevertheless, it faces challenges such as poor management efficiency, as reflected in a low ROCE of 4.63%, and a significant decline in profits over the past year.
Broader Market Context: In comparison to the benchmark, the Sensex has only increased by 0.11% over the past week, highlighting that Orient Ceratech's recent performance is notably stronger than the broader market. While the stock has shown impressive short-term gains, it has still underperformed the market over the last year, where the BSE500 has generated returns of 1.79%. The stock's liquidity remains adequate for trading, but a significant drop in delivery volume suggests a potential decline in investor participation. This mixed performance indicates that while the stock is currently rising, there are underlying concerns that could affect its sustainability in the longer term.