Why is Rhetan TMT Ltd falling/rising?

As of 18-Aug, Rhetan TMT Ltd's stock price is currently at 17.30, reflecting an increase of 0.84, or 5.1%. The stock has outperformed its sector today by 4.81%, and its delivery volume has risen significantly, indicating increased investor participation. Over the past week, the stock has shown a positive return of 1.76%, while its performance over the last month has been slightly negative at -0.40%. Despite a strong annual return of 48.88%, the company faces challenges with a weak long-term fundamental strength, evidenced by a -8.10% CAGR growth in net sales over the last five years and a significant decline in net sales of -69.04% in the latest six months. Additionally, the low return on equity and minimal domestic mutual fund holdings suggest concerns regarding the company's profitability and market confidence.
In the broader market context, Rhetan TMT Ltd's recent performance contrasts with the benchmark Sensex, which has returned 0.83% over the past week and -0.59% over the past month. While the stock has shown resilience and outperformance in the short term, its year-to-date performance remains concerning with a decline of 24.88%, compared to the Sensex's positive return of 4.01%. The overall market has generated negative returns over the last year, yet Rhetan TMT Ltd's ability to achieve substantial returns in that same period highlights its volatility and potential for growth, despite the underlying financial weaknesses.