Why is Rama Steel Tubes falling/rising?

As of 18-Sep, Rama Steel Tubes Ltd's stock price is currently at 10.51, reflecting an increase of 0.29 or 2.84%. The stock has shown a positive performance today, outperforming its sector by 2.44%, and has gained consecutively for the last two days, resulting in a total return of 4.47% during this period. However, despite this recent uptick, the stock has underperformed over the longer term, with a year-to-date decline of 12.78% and a significant drop of 34.35% over the past year. The company's financial health is concerning, as it has reported negative results for six consecutive quarters, with a notable decrease in profit before tax and return on capital employed. Additionally, while there is a healthy long-term growth in net sales and operating profit, the overall negative performance and lack of domestic mutual fund investment indicate a lack of confidence in the stock.
In the broader market context, the stock's short-term return of 1.84% over the past week slightly outpaces the Sensex's return of 1.80%. However, the stock's longer-term performance is troubling, as it has lagged behind the benchmark indices, including a 34.35% decline over the past year compared to a mere 0.08% increase in the Sensex. This underperformance, coupled with falling investor participation and a high valuation relative to its earnings, suggests that while there may be short-term gains, the overall sentiment towards Rama Steel Tubes Ltd remains cautious.