Why is Rama Steel Tubes falling/rising?

As of 12-Aug, Rama Steel Tubes Ltd is currently priced at 10.79, reflecting a decrease of 0.01, or 0.09%. The stock has underperformed its sector by 0.42% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has declined by 0.92%, and it has experienced a significant drop of 10.75% over the past month. The company has reported negative results for the last five consecutive quarters, with a 24.29% decline in profit after tax over the latest six months. Additionally, the return on capital employed is at a low of 5.2, indicating an expensive valuation relative to its earnings, which has contributed to a lack of confidence among investors, as evidenced by the negligible domestic mutual fund holdings.
In the broader market context, the Sensex has decreased by 0.59% over the past week, which is less than the decline experienced by Rama Steel Tubes. This suggests that the stock's poor performance is not solely due to market conditions but also reflects company-specific issues. While the stock has shown impressive long-term growth with a 62.59% increase over three years and a staggering 2438.58% over five years, the recent downturn in profitability and investor participation indicates a troubling trend that may deter potential investors. The stock's performance over the past year, with a return of -2.09%, further underscores the challenges it faces, especially as profits have fallen by 23% during this period.