Why is Rama Steel Tubes falling/rising?

As of 24-Jul, Rama Steel Tubes Ltd is currently priced at 11.34, reflecting a decrease of 0.27, or 2.33%. The stock has been underperforming, having lost 6.47% over the last seven days and is down 5.89% over the past month. Despite a healthy long-term growth rate in operating profit of 31.95% and a positive return of 10.53% over the past year, the company has declared negative results for the last five consecutive quarters, with a significant decline in profits by 24%. Additionally, the stock's valuation appears expensive with a low return on capital employed (ROCE) of 8.94%, which may deter investor confidence.
In the broader market context, the stock has underperformed the benchmark Sensex, which has shown a slight increase of 0.16% over the past month, while Rama Steel Tubes has declined by 5.89%. This underperformance is further highlighted by the stock's recent trend of consecutive losses, contrasting with the benchmark's stability. The lack of domestic mutual fund investment, holding only 0% of the company, suggests a lack of confidence in the stock's current valuation and business outlook, contributing to its downward price movement.