Why is Ashirwad Steels falling/rising?

As of 09-Sep, Ashirwad Steels & Industries Ltd is currently priced at 31.10, reflecting an increase of 0.11 (0.35%). The stock has been gaining momentum, with a consecutive gain over the last two days resulting in a total return of 0.65%. In the short term, the stock has outperformed the benchmark Sensex, with a 1-week return of +4.01% compared to the Sensex's +1.18%. However, despite this recent uptick, the company faces significant challenges, including a weak long-term fundamental strength indicated by a -24.72% CAGR growth in net sales over the last five years and a poor EBIT to interest ratio of -1.17. The stock's return on equity is low at 1.68%, suggesting limited profitability, and it has generated a return of -21.98% over the past year, with profits declining by -14.4%.
In the broader market context, while Ashirwad Steels has shown positive short-term performance, it has underperformed the BSE500 over the last three years, one year, and three months. The stock's recent gains may be attributed to rising investor participation, as evidenced by a 2.37% increase in delivery volume compared to the five-day average. However, the stock remains liquid enough for trading, yet it is trading at a fair value compared to its peers' historical valuations, which indicates that the market is cautious about its long-term prospects. Overall, the stock's recent rise is overshadowed by its long-term underperformance and fundamental weaknesses, suggesting a complex outlook for investors.