Why is Panchmahal Steel falling/rising?

As of 17-Jul, Panchmahal Steel Ltd's stock price is currently at 251.00, reflecting an increase of 2.5, or 1.01%. The stock has shown strong performance recently, with a 4.96% gain over the past week and a remarkable 30.12% increase over the last month. It has outperformed the sector by 0.54% today and has been on a consecutive gain streak for the last two days, accumulating a total return of 2.87%. However, despite these positive short-term movements, the company faces challenges such as a decline in net sales and poor long-term growth, with a reported annual growth rate of only 3.05% over the last five years. Additionally, the promoters have reduced their stake in the company, indicating a potential lack of confidence in its future prospects.
In the broader market context, Panchmahal Steel's recent performance contrasts sharply with the benchmark Sensex, which has declined by 1.12% over the past week. While the stock has generated a return of 17.90% over the last year, the Sensex has only increased by 1.91% in the same period, highlighting the stock's ability to outperform the market in the short term. However, the company's long-term financial health is under scrutiny due to negative results reported in March and a low return on capital employed, which may temper investor enthusiasm despite the recent price increase.