Why is Remi Edelstahl falling/rising?

As of 16-Jul, Remi Edelstahl Tubulars Ltd is experiencing a slight decline in its stock price, currently at 97.79, reflecting a decrease of 0.16 (-0.16%). Despite this minor drop, the stock has shown positive performance over the past week and month, with returns of +1.88% and +10.11%, respectively. Today's price summary indicates that the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a generally upward trend. Additionally, the stock has outperformed its sector by 0.34%, and there has been a notable increase in investor participation, with delivery volume rising by 12.32% against the 5-day average. The company has reported positive results for the last three consecutive quarters, with net sales growing by 21.77% and profits rising significantly, contributing to a favorable market perception.
In the broader market context, while Remi Edelstahl has outperformed the Sensex by +1.88% over the past week, it has underperformed on a year-to-date basis, with a return of -4.13% compared to the Sensex's +5.75%. This divergence highlights the stock's recent volatility despite its strong quarterly performance. However, concerns regarding long-term fundamental strength, such as a low average return on capital employed and a high debt-to-EBITDA ratio, may temper investor enthusiasm. The stock's current valuation is seen as fair, trading at a discount compared to peers, but the weak long-term growth metrics could pose challenges ahead.