Why is Rama Steel Tubes falling/rising?

As of 02-Sep, Rama Steel Tubes Ltd's stock price is currently at 10.51, reflecting an increase of 0.22 or 2.14%. The stock has shown a positive trend recently, gaining 6.05% over the last two days and outperforming its sector by 1.45% today. However, despite this short-term gain, the stock has underperformed over the past month with a decline of 2.95%. The company has reported negative results for the last six consecutive quarters, with a significant drop in profit before tax and a low return on capital employed, which raises concerns about its financial health. Additionally, the stock is trading at a discount compared to its peers, but the lack of domestic mutual fund investment indicates a lack of confidence in its valuation.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark, as it has gained 3.44% over the past week while the Sensex has declined by 0.78%. This indicates that, at least in the short term, Rama Steel Tubes is attracting investor interest despite its longer-term struggles, as evidenced by its year-to-date return of -12.78% compared to the Sensex's positive return of 2.58%. This divergence suggests that while the stock may be experiencing a temporary uptick, broader market conditions and the company's ongoing financial challenges could pose risks to its sustained performance.