Why is Rama Steel Tubes falling/rising?

As of 19-Sep, Rama Steel Tubes Ltd is experiencing a decline in its stock price, currently at 10.38, which reflects a decrease of 0.13 or 1.24%. The stock has underperformed its sector by 1.44% today and has seen a trend reversal after two consecutive days of gains. Additionally, the stock's performance over the past week shows a modest increase of 0.78%, but it has significantly underperformed over the past month with a decline of 3.80%. The company has reported negative results for the last six consecutive quarters, with a notable drop in profit before tax and a low return on capital employed, which contributes to a perception of an expensive valuation. Furthermore, the stock has generated a return of -32.47% over the past year, with profits falling by 24.8%, indicating ongoing financial struggles.
In the broader market context, the stock's short-term performance is slightly better than the benchmark Sensex, which has increased by 0.88% over the past week. However, the long-term outlook remains bleak, as the stock has underperformed the BSE500 over the last three years, one year, and three months. The lack of domestic mutual fund investment, which stands at 0%, suggests a lack of confidence in the company's prospects, further exacerbating the stock's decline. Despite healthy long-term growth in net sales and operating profit, the persistent negative financial results and low investor participation indicate that the stock is facing significant challenges in regaining investor trust and market value.