Why is Rama Steel Tubes falling/rising?

As of 01-Sep, Rama Steel Tubes Ltd is experiencing a price increase, currently at 10.29, reflecting a rise of 0.38 or 3.83%. Today's performance indicates a trend reversal as the stock has gained after seven consecutive days of decline. Despite this recent uptick, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 5.1% against the 5-day average. However, the company has faced significant challenges, including negative results for the last six quarters, a decline in profits, and a low return on capital employed, which may contribute to investor caution despite the recent price increase.
In the broader market context, the stock has underperformed compared to the Sensex over various periods, with a 1-week return of -0.48% against the benchmark's -1.56% and a year-to-date return of -14.61% compared to the Sensex's +2.85%. This suggests that while the stock has shown a short-term recovery, its long-term performance remains weak relative to the market. The lack of domestic mutual fund investment, which stands at 0%, further indicates a lack of confidence from institutional investors, potentially impacting the stock's overall appeal.