Why is Rajas. Tube Mfg falling/rising?

As of 22-Aug, Rajasthan Tube Manufacturing Co Ltd is experiencing a slight decline in its stock price, currently at 42.92, with a change of -0.03, representing a decrease of 0.07%. The stock has been underperforming recently, having fallen consecutively for the last four days, resulting in a total decline of 3.98%. Despite outperforming its sector by 1.13% today, the stock's performance over the past week shows a decrease of 1.13%, while its one-month return is down by 3.33%. The company's promoter holding has decreased to 16.5%, which may contribute to investor concerns. Additionally, the company has reported operating losses and a high Debt to EBITDA ratio of 5.08 times, indicating weak long-term fundamental strength.
In the broader market context, the stock's recent performance contrasts with the Sensex, which has gained 0.88% over the past week. While Rajasthan Tube Manufacturing has generated impressive returns of 1209.33% over the past year, its profits have significantly declined by 119%, raising concerns about its sustainability. The company's financial struggles are highlighted by a substantial drop in net sales and a negative profit after tax, which further dampens investor sentiment. Overall, the combination of declining promoter holding, operational losses, and high debt levels appears to be contributing to the stock's recent downward movement.