Why is Rajnandini Metal falling/rising?

As of 17-Sep, Rajnandini Metal Ltd's stock price is currently at 4.70, reflecting an increase of 0.15 or 3.3%. The stock has shown a positive performance today, outperforming its sector by 2.52%. However, despite this short-term gain, the stock has experienced significant declines over the longer term, with a year-to-date drop of 46.59% and a staggering 58.30% decrease over the past year. The company has reported negative results for the last six consecutive quarters, including a 64.57% fall in net sales and a high Debt to EBITDA ratio of 4.78 times, indicating a low ability to service debt. These factors contribute to a perception of risk surrounding the stock, despite its high management efficiency reflected in a ROCE of 16.12%. In the broader market context, Rajnandini Metal's short-term return of 4.68% over the past week significantly outpaces the Sensex's return of 1.43% in the same period. However, the stock's long-term performance has been consistently poor, underperforming against the benchmark over the last three years, with a return of -83.83% compared to the Sensex's gain of 44.49%. This consistent underperformance, coupled with the company's ongoing financial struggles, suggests that while there may be short-term fluctuations, the overall outlook for Rajnandini Metal remains challenging.