Why is Radhe Develop. falling/rising?

As of 16-Jul, Radhe Developers (India) Ltd's stock price is currently at 2.29, reflecting an increase of 0.03, or 1.33%. The stock has been gaining momentum, having risen 5.05% over the last two days and outperforming its sector by 0.88% today. In the past week, the stock has shown a positive return of 1.78%, while over the past month, it has surged by 15.66%. Despite this recent uptick, the stock has faced significant long-term challenges, with a year-to-date decline of 23.41% and a staggering 38.61% drop over the past year. The company recently reported positive quarterly results, with net sales increasing to Rs 7.46 crore and the highest quarterly PBDIT at Rs 2.89 crore, which may have contributed to the recent price rise. However, the stock's long-term growth remains a concern, as it has only grown at an annual rate of 14.69% over the last five years, and its return on capital employed (ROCE) is low at 2.6, indicating a potentially expensive valuation.
In the broader market context, Radhe Developers' short-term performance contrasts with the benchmark Sensex, which has declined by 1.08% over the past week. While the stock has shown resilience in the short term, its consistent underperformance against the benchmark over the last three years raises questions about its sustainability. The stock's negative returns over the past year, coupled with a PEG ratio of 0.7 despite a profit increase of 129.2%, suggest that while there may be short-term gains, the long-term outlook remains uncertain. Thus, despite recent positive movements, the stock's historical performance and valuation metrics indicate a cautious approach for investors.