Why is La Tim Metal & I falling/rising?

As of 25-Aug, La Tim Metal & Industries Ltd is experiencing a slight increase in its stock price, currently at 7.95, reflecting a change of 0.05 or 0.63% upward. The stock has shown a positive trend recently, gaining for the last three consecutive days with a total return of 3.65% during this period. However, despite this short-term gain, the stock has underperformed significantly over the longer term, with a year-to-date decline of 40.89% and a one-year return of -53.45%. The company has a return on capital employed (ROCE) of 9.1, indicating an attractive valuation, but it is trading at a discount compared to its peers. The high debt-to-equity ratio of 2.39 times raises concerns about its financial stability, especially given the poor performance in profit generation, which has fallen by 105.4% over the past year.
In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has gained 0.45% over the past week. While La Tim Metal has outperformed its sector by 0.29% today, its longer-term performance remains concerning, as it has consistently underperformed the BSE500 over the past three years, one year, and three months. The stock's liquidity appears adequate for trading, but the overall flat results in its latest quarterly performance and the reliance on non-operating income for profit before tax further highlight the challenges it faces.