Why is Rathi Bars falling/rising?

As of 08-Sep, Rathi Bars Ltd is experiencing a price increase, currently at 30.20, reflecting a change of 0.7 or 2.37% upward. The stock has shown a positive performance today, outperforming its sector by 1.08%, and has been on a consecutive gain streak for the last three days, with a total return of 10.38% during this period. Despite a year-to-date decline of 32.95%, the stock is trading at a discount compared to its peers, which may attract investors. However, the company has faced challenges, including a significant drop in profits by 15.6% over the past year and a weak long-term fundamental strength indicated by a low Return on Capital Employed (ROCE) of 4.8, which could temper enthusiasm for the stock.
In the broader market context, Rathi Bars Ltd's short-term return of 1.24% over the past week outperformed the Sensex, which gained 0.53% in the same period. This relative strength may indicate a temporary positive sentiment among investors, despite the stock's overall poor performance in the longer term, where it has underperformed the BSE500 over the past three years and one year. The rising investor participation, as evidenced by an increase in delivery volume, suggests a growing interest in the stock, which could be a contributing factor to its recent price rise. However, the high Debt to EBITDA ratio and flat results in recent quarters highlight ongoing concerns about the company's financial health.