Why is R R Kabel falling/rising?

As of 19-Aug, R R Kabel Ltd is currently priced at 1,218.00, reflecting a slight increase of 1.05 (0.09%). The stock has been gaining for the last two days, with a total return of 0.35% during this period. However, it has underperformed its sector by 1.09%. Over the past week, the stock has seen a modest increase of 0.66%, but it has significantly underperformed over the longer term, with a decline of 17.02% over the past month and 25.39% over the past year. Despite these declines, the company shows potential with a low debt-to-equity ratio of 0.01 times, healthy long-term growth in operating profit at an annual rate of 17.11%, and positive financial results in June, including a 20.05% growth in net sales.
In the broader market context, the Sensex has increased by 1.76% over the past week, indicating that R R Kabel's short-term performance is lagging behind the benchmark. While the stock's recent gains may suggest a positive sentiment, the overall trend remains concerning given its significant declines over the past month and year. The stock's attractive valuation, with a price-to-book value of 6.4 and a PEG ratio of 2.5, along with high institutional holdings at 22.2%, may provide some support for future growth. However, the persistent underperformance relative to the market and its moving averages indicates that investors remain cautious.