Why is Rajratan Global falling/rising?

As of 22-Sep, Rajratan Global Wire Ltd is currently priced at 348.65, reflecting an increase of 1.65 or 0.48%. The stock has shown a trend reversal by gaining after four consecutive days of decline, with today's performance outperforming its sector by 0.59%. It reached an intraday high of Rs 362.1, marking a 4.35% increase. However, the stock's recent performance has been mixed, with a 1-week return of -3.69% and a 1-year return of -39.60%. Despite a high management efficiency indicated by a ROCE of 22.19% and a low Debt to EBITDA ratio of 1.24, the company has faced challenges, including negative results for the last four quarters and a significant decline in profits by 23.5% over the past year.
In the broader market context, the stock's short-term performance has lagged behind the benchmark, with a 1-week return of -3.69% compared to the Sensex's increase of 0.46%. While the stock has outperformed the benchmark in the last month with a return of 7.28% against the Sensex's 1.05%, its long-term performance remains concerning, with a year-to-date decline of 28.02% compared to the Sensex's gain of 5.15%. The consistent underperformance against the benchmark over the last three years, coupled with a significant drop in returns, suggests that investor sentiment may be cautious despite today's slight uptick in price.