Why is Ramkrishna Forg. falling/rising?

As of 28-Aug, Ramkrishna Forgings Ltd is experiencing a price increase, with its current price at Rs 574.00, reflecting a rise of Rs 9.9 or 1.76%. The stock has shown a trend reversal, gaining after three consecutive days of decline, and today it outperformed its sector by 1.49%. Despite this positive movement, the stock is still trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past year, the stock has generated a return of -39.07%, significantly underperforming the market, which has seen a decline of only -2.08%. Positive factors include healthy long-term growth with net sales increasing at an annual rate of 34.41% and operating profit rising by 76.28%. However, negative results from the most recent quarter, including a substantial drop in profit before tax and profit after tax, have contributed to the stock's overall poor performance.
In the broader market context, the stock's short-term return of -0.60% over the past week contrasts with the benchmark Sensex, which has declined by 2.34%. This indicates that Ramkrishna Forgings Ltd has been more resilient than the broader market in the short term. Additionally, the stock's high institutional holdings at 28.04% suggest that knowledgeable investors are still interested in the company, despite its recent struggles. The stock's current trading at a discount compared to its peers' average historical valuations may also attract investors looking for value, even as it grapples with recent negative financial results.