Why is Rajratan Global falling/rising?

As of 11-Sep, Rajratan Global Wire Ltd's stock price is currently at Rs 343.00, reflecting an increase of Rs 11.3 or 3.41%. The stock has shown positive momentum recently, with a performance today that outperformed its sector by 4.02% and has gained 5.2% over the last two days. Despite this short-term rise, the stock has a concerning long-term trajectory, with a year-to-date decline of 29.18% and a staggering 42.39% drop over the past year. The company has demonstrated high management efficiency with a return on capital employed (ROCE) of 22.19% and a low debt-to-EBITDA ratio of 1.24 times, indicating a strong ability to service its debt. However, it has also faced negative factors, including a consistent decline in profits and negative results for the last four consecutive quarters, which may contribute to investor caution.
In the broader market context, Rajratan Global's short-term return of 9.69% over the past week significantly outpaces the Sensex's return of 1.03% in the same period. However, the stock's long-term performance has been disappointing, underperforming the benchmark over the last three years. While the stock has shown some volatility and trading activity, with a wide intraday range and high volatility today, the falling investor participation and negative earnings trends may overshadow its recent gains. Overall, despite the recent uptick in price, the stock's long-term outlook remains challenging, which could influence investor sentiment moving forward.