Why is Precision Camshf falling/rising?

As of 02-Sep, Precision Camshafts Ltd is experiencing a rise in its stock price, currently at Rs 176.25, reflecting an increase of 3.6 or 2.09%. The stock has been gaining for the last three days, with a total return of 3.28% during this period. It has outperformed its sector by 1.83% today and reached an intraday high of Rs 179. Despite a year-to-date decline of 50.77% and a one-year return of -33.15%, the company has shown healthy long-term growth with an annual operating profit increase of 53.27%. However, it faces challenges such as a flat performance in recent quarters, a high Price to Book Value ratio, and low domestic mutual fund interest, which may indicate caution among investors.
In the broader market context, Precision Camshafts Ltd has outperformed the Sensex in the short term, with a 1-week return of +2.14% compared to the benchmark's -0.78%. This short-term outperformance may be attributed to rising investor participation, as evidenced by an increase in delivery volume. However, the stock's long-term performance remains concerning, as it has underperformed the BSE500 over various time frames, including the last three years and one year. The combination of recent gains and ongoing concerns about valuation and investor sentiment suggests a complex picture for the stock's future trajectory.