Why is La Tim Metal & I falling/rising?

As of 18-Sep, La Tim Metal & Industries Ltd is currently priced at 9.98, reflecting an increase of 0.12 or 1.22%. The stock has shown a trend reversal, gaining after two consecutive days of decline. Despite this positive movement today, the stock has underperformed the benchmark over the past year, generating a return of -41.29%, while the Sensex has only increased by 0.08%. The stock's performance today has outpaced its sector by 1.08%, although there is a notable decline in investor participation, with delivery volume falling by 38.91% against the 5-day average. The company has a fair valuation with a return on capital employed (ROCE) of 9.1, but it is trading at a discount compared to its peers. However, the high debt-to-equity ratio of 2.39 times and a significant drop in profits of 105.4% over the past year raise concerns about its long-term growth prospects.
In the broader market context, while La Tim Metal has seen a short-term gain of 1.22%, the benchmark Sensex has outperformed it over the past week with a return of 1.80%. This indicates that, despite the recent uptick in the stock price, it remains under pressure compared to the overall market performance. The company's consistent underperformance against the benchmark over the last three years, coupled with high debt levels and poor profit growth, suggests that investors may remain cautious. Thus, while there is a slight rise in the stock price today, the overall sentiment may still be negative due to the underlying financial challenges faced by the company.