Why is Rama Steel Tubes falling/rising?

As of 30-Jul, Rama Steel Tubes Ltd is currently priced at 11.04, reflecting a decrease of 0.1, or 0.9%. The stock has underperformed its sector today by 1.49%, with moving averages indicating it is higher than the 100-day average but lower than the 5-day, 20-day, 50-day, and 200-day averages. Additionally, there has been a decline in investor participation, with delivery volume falling by 3.85% against the 5-day average. Over the past week, the stock has decreased by 4.91%, and over the past month, it has fallen by 8.91%. Despite a positive long-term growth rate in operating profit of 31.95%, the company has reported negative results for the last five consecutive quarters, leading to a decline in profits by 24% in the latest six months. This combination of factors has contributed to the stock's recent downward movement.
In the broader market context, the stock's performance has been notably weaker compared to the benchmark, with a 1-week return of -4.91% versus the Sensex's -1.50%. While the stock has generated a return of 3.37% over the past year, it has significantly lagged behind the benchmark's performance year-to-date, where the Sensex has increased by 4.28%. The company's low return on capital employed (ROCE) of 5.2 and its expensive valuation relative to peers, coupled with a lack of domestic mutual fund investment, suggest a lack of confidence in its future prospects. This overall sentiment, combined with the recent negative financial results, has likely contributed to the stock's decline.