Why is Rama Steel Tubes falling/rising?

As of 03-Sep, Rama Steel Tubes Ltd is currently priced at 10.55, reflecting an increase of 0.04 or 0.38%. The stock has been gaining for the last three days, resulting in a total return of 6.46% during this period. However, it underperformed its sector by 2.87% today. While the stock's performance over the past week shows a positive return of 3.84%, its one-month return is down by 2.59%. The company has experienced negative results for the last six consecutive quarters, with a significant decline in profit before tax and a low return on capital employed, which may contribute to investor caution despite healthy long-term growth in net sales and operating profit.
In the broader market context, the Sensex has seen a slight decline of 0.27% over the past week, while Rama Steel Tubes has outperformed this benchmark. The stock's liquidity appears sufficient for trading, but the lack of domestic mutual fund investment may indicate a lack of confidence in the company's valuation and business prospects. Despite the stock's recent gains, the overall negative financial results and low investor participation suggest that the market remains cautious about its future performance.