Why is Pricol Ltd falling/rising?

As of 03-Jul, Pricol Ltd's stock price is currently at 458.75, reflecting an increase of 5.75, or 1.27%. The stock has shown positive movement today, reaching an intraday high of Rs 465, which is a rise of 2.65%. It has performed well in the short term, with a 1-week return of +3.88%, despite a year-to-date decline of -15.96%. The company has demonstrated strong fundamentals, including a low Debt to EBITDA ratio of 0.36 times and an impressive annual operating profit growth rate of 87.01%. However, it has faced challenges, such as a flat PAT in the most recent quarter and a low debtors turnover ratio, which may weigh on investor sentiment.
In the broader market context, Pricol Ltd's recent performance contrasts with the Sensex, which has declined by 0.62% over the past week. While the stock has outperformed the benchmark in the short term, it still lags behind in year-to-date returns. The high institutional holdings at 31.91% suggest that knowledgeable investors are backing the stock, potentially providing stability. However, the overall market conditions and the company's recent flat results may create caution among retail investors, influencing the stock's price movement.