Why is Precision Camshf falling/rising?

As of 01-Jul, Precision Camshafts Ltd is experiencing a rise in its stock price, currently at Rs 214.85, reflecting an increase of Rs 10.85 or 5.32%. The stock has shown strong performance today, outperforming its sector by 5.26% and achieving a consecutive gain over the last two days with a total return of 5.79%. It reached an intraday high of Rs 218.45, indicating positive momentum. Over the past week, the stock has increased by 6.92%, and in the last month, it has risen by 11.90%. However, despite these short-term gains, the company has faced challenges, including a decline in operating profit over the last five years and a significant drop in net sales in the latest quarter. The stock's valuation appears expensive compared to its peers, which may deter some investors.
In the broader market context, the stock's recent performance has significantly outpaced the benchmark Sensex, which has only increased by 2.00% over the same week. While the stock has generated a return of 11.09% over the past year, its profits have declined by 2.7%, raising concerns about long-term growth potential. Additionally, the low participation from domestic mutual funds, holding 0% of the company, suggests a lack of confidence in its valuation or business prospects. Despite the positive short-term performance, these underlying issues may influence investor sentiment and future stock movements.