Why is Rajas. Tube Mfg falling/rising?

As of 24-Sep, Rajasthan Tube Manufacturing Co Ltd is experiencing a price increase, currently at 40.40, which reflects a change of 0.56 or 1.41% upward. The stock has shown a strong performance today, outperforming its sector by 1.54%. However, it is important to note that while the stock has generated impressive returns over the long term, including a staggering 877.03% in the last year, it has also faced significant challenges. The promoter holding has decreased to 16.5%, indicating potential concerns about insider confidence, and the company is grappling with operating losses, a high Debt to EBITDA ratio of 5.08 times, and a low Return on Equity of 8.49%. These factors contribute to a weak long-term fundamental strength, despite the stock's recent price increase.
In the broader market context, the stock's short-term return of +2.41% over the past week contrasts sharply with the Sensex, which has declined by 1.18% during the same period. This suggests that the stock is gaining traction relative to the broader market, possibly due to its historical performance and consistent returns over the last three years. However, the significant drop in delivery volume by 88.69% against the 5-day average raises concerns about falling investor participation, which could impact future price movements. Overall, while the stock is currently rising, the underlying financial challenges and decreased promoter confidence may pose risks moving forward.