Why is Precision Camshf falling/rising?

As of 04-Aug, Precision Camshafts Ltd is experiencing a price increase, with its current price at Rs 178.55, reflecting a rise of 2.49 (1.41%). Today's price summary indicates that the stock opened with a gain of 2.29% and reached an intraday high of Rs 180.1. However, it has underperformed its sector by 0.81% and is trading below all key moving averages. Over the past week, the stock has declined by 3.36%, and its year-to-date performance shows a significant drop of 50.13%. The company's low debt-to-equity ratio is a positive factor, but it faces challenges such as poor long-term growth, with operating profit declining at an annual rate of -1.71% over the last five years. Additionally, the recent financial results show a substantial decrease in profit after tax and net sales, which may contribute to investor caution.
In the broader market context, the Sensex has shown a slight increase of 0.16% over the past week, contrasting with Precision Camshafts' decline. While the auto ancillary sector has gained by 2.19%, Precision Camshafts' performance has lagged behind, indicating a lack of investor confidence. The stock's poor returns over the past year, coupled with a very expensive valuation relative to its peers, suggest that investors may be hesitant to commit further capital. The absence of domestic mutual fund investment also signals a lack of confidence in the company's prospects, which may further explain the stock's recent volatility despite today's uptick.