Why is Rhetan TMT Ltd falling/rising?

As of 21-Aug, Rhetan TMT Ltd's stock price is currently at 17.53, reflecting an increase of 0.13 or 0.75%. The stock has shown a strong performance in the short term, with a 6.50% increase over the past week and a 2.57% increase over the past month, significantly outperforming the Sensex, which has returned only 1.74% and -0.24% respectively during the same periods. Today's trading activity indicates rising investor participation, with a delivery volume increase of 37.65% compared to the 5-day average, suggesting growing interest in the stock. However, despite the recent gains, the company faces challenges such as a weak long-term fundamental strength, evidenced by a -8.10% CAGR growth in net sales over the last five years and a concerning net sales drop of -69.04% in the latest six months.
Broader market context shows that while Rhetan TMT Ltd has outperformed the broader market with a 33.51% return over the past year, the overall market (BSE500) has seen negative returns of -1.56%. This divergence highlights the stock's ability to attract attention despite its underlying issues, such as low profitability indicated by a return on equity of 5.27% and a high PEG ratio of 9.4. The lack of domestic mutual fund investment, holding only 0% of the company, may reflect caution among institutional investors regarding the stock's valuation and long-term prospects.