Why is Rajas. Tube Mfg falling/rising?

As of 01-Jul, Rajasthan Tube Manufacturing Co Ltd is experiencing a price increase, with its current price at Rs. 56.99, reflecting a change of 0.45 (0.8%) upward. The stock has recently hit a new 52-week high of Rs. 57.67 and has outperformed its sector by 0.55%. Over the past week, the stock has gained 9.05%, and in the last month, it has surged by 35.21%. Notably, the stock has been on a consecutive gain streak for the last six days, accumulating a total return of 11.22% during this period. Despite these positive movements, the company faces challenges, including a weak long-term fundamental strength indicated by a -4.55% CAGR growth in operating profits over the last five years and a high Debt to EBITDA ratio of 5.08 times, which may raise concerns among investors.
Broader market context shows that while Rajasthan Tube Manufacturing has significantly outperformed the benchmark Sensex, which has only increased by 2.00% over the past week, the stock's long-term performance is also impressive, with a staggering 1990.61% return over the last year compared to the Sensex's 5.31%. This strong performance in both the short and long term has likely contributed to rising investor participation, as evidenced by a 96.22% increase in delivery volume. However, the company's profitability issues, including a return on equity of only 8.49% and a decline in net sales, may temper enthusiasm and suggest caution for potential investors.