Why is R O Jewels falling/rising?

As of 24-Sep, R O Jewels Ltd's stock price is currently at 2.31, reflecting an increase of 0.04 or 1.76%. The stock has shown positive performance today, outperforming its sector by 2.39%. Additionally, it has higher moving averages compared to the 5-day, 20-day, and 50-day averages, although it remains lower than the 100-day and 200-day moving averages. Notably, there has been a rise in investor participation, with delivery volume increasing by 7.37% against the 5-day average. Despite a year-to-date decline of 26.67%, the company reported a significant growth in net sales of 34.12% over the last six months, which, along with a favorable PEG ratio of 0, suggests an attractive valuation compared to peers.
In the broader market context, the stock has outperformed the Sensex by 2.67% over the past week, while the benchmark has declined by 1.18%. However, the stock has consistently underperformed against the benchmark over the last three years, with a significant year-on-year decline of 33.04%. This long-term underperformance is compounded by weak fundamental strength, including a -85.49% CAGR growth in operating profits over the last five years and a poor EBIT to interest ratio, indicating challenges in servicing debt. While recent positive financial results may provide some support for the stock's rise, the overall trend suggests caution due to its historical underperformance and weak profitability metrics.