Why is Rajratan Global falling/rising?

As of 12-Sep, Rajratan Global Wire Ltd's stock is currently priced at 345.20, reflecting an increase of 2.2 (0.64%). The stock has been gaining for the last three days, with a total return of 5.87% during this period. It reached an intraday high of Rs 355, indicating positive momentum. The stock's performance over the past week shows a return of +3.82%, outperforming the Sensex, which returned +1.48%. Despite this recent uptick, the stock has faced significant challenges, including a -41.61% return over the past year and negative results for the last four consecutive quarters. However, it benefits from high management efficiency, a strong ability to service debt, and is trading at a discount compared to its peers, which may have contributed to the recent price increase.
In the broader market context, the stock's short-term performance of +3.82% over the past week is notably stronger than the Sensex's +1.48% return, suggesting that investor sentiment may be improving relative to the overall market. Despite the recent gains, the stock has consistently underperformed against benchmarks over the last three years, which raises concerns about its long-term growth potential. The company's declining profits and low ROCE figures indicate underlying issues that could affect future performance, even as current trading activity shows increased investor participation and liquidity.