Why is Remi Edelstahl falling/rising?

As of 02-Sep, Remi Edelstahl Tubulars Ltd is experiencing a price increase, currently at Rs 168.80, reflecting a rise of Rs 7.45 or 4.62%. The stock has shown strong performance today, outperforming its sector by 3.93% and achieving a consecutive gain over the last two days, with a total return of 9.79% during this period. Additionally, the stock has demonstrated impressive long-term performance, with a year-to-date return of 65.49% and a remarkable 95.19% increase over the past year. However, it is important to note that the company has some weaknesses, including a low Return on Capital Employed (ROCE) of 3.39% and a high Debt to EBITDA ratio of 4.23 times, which may raise concerns about its long-term fundamental strength.
In the broader market context, the stock's short-term return of +8.73% over the past week stands in stark contrast to the Sensex, which has declined by 0.78% during the same period. This indicates that Remi Edelstahl is not only performing well relative to its own historical returns but is also significantly outperforming the broader market. Despite the positive short-term trends, the company faces challenges such as flat results in its latest quarterly earnings and a high PEG ratio of 5.1, suggesting that while the stock is currently rising, there are underlying issues that may affect its future performance.