Why is Rajratan Global falling/rising?

As of 08-Sep, Rajratan Global Wire Ltd is experiencing a price increase, currently at Rs 335.00, reflecting a change of 2.5 (0.75%) upwards. The stock has shown a strong performance in the short term, gaining 7.91% over the past week and achieving a 7.13% return over the last two days. However, it has underperformed its sector by 1.51% today. Despite the recent gains, the stock has a concerning long-term performance, with a decline of 43.81% over the past year and a significant drop of 74.37% over the last three years. Positive factors include high management efficiency with a ROCE of 22.19% and a low Debt to EBITDA ratio, indicating a strong ability to service debt. However, the company has faced negative results for the last four consecutive quarters, which may contribute to investor caution.
In the broader market context, the stock's recent short-term performance contrasts with the benchmark, as it has outperformed the Sensex by 7.38% over the past week, while the benchmark has only gained 0.53%. Despite this short-term outperformance, the stock's long-term trajectory remains concerning, with consistent underperformance against the benchmark over the last three years. The overall market sentiment appears to be mixed, with the Auto Ancillary sector gaining 2.24%, which may provide some support for Rajratan Global's recent price movement. However, the significant decline in profits and the stock's historical underperformance against its peers suggest that caution may still prevail among investors.