Why is Ashirwad Steels falling/rising?

As of 04-Sep, Ashirwad Steels & Industries Ltd is experiencing a price increase, currently at 30.99, reflecting a change of 0.6 or 1.97% upward. The stock has shown a strong performance today, outperforming its sector by 2.75% and has been on a gaining streak for the last three days, accumulating a total return of 5.26% during this period. In the past week, the stock has risen by 6.28%, while over the last month, it has increased by 2.72%. However, despite these short-term gains, the company has a concerning long-term outlook, with a negative CAGR growth in net sales of -24.72% over the last five years and a weak ability to service its debt, indicated by a poor EBIT to Interest ratio of -1.17. Additionally, the stock's return on equity is low at 1.68%, suggesting limited profitability per unit of shareholders' funds.
In the broader market context, the stock's recent performance contrasts with the benchmark, as it has outperformed the Sensex, which only gained 0.80% in the past week. While Ashirwad Steels has shown positive short-term returns, its long-term performance remains below par, with a year-to-date decline of -28.56% compared to the Sensex's increase of 3.30%. This underperformance is compounded by a flat result in June 2025 and a significant drop in profits by -14.4% over the past year, indicating that despite the recent uptick, the stock faces substantial challenges that could hinder its future growth.