Why is Rhetan TMT Ltd falling/rising?

As of 25-Aug, Rhetan TMT Ltd's stock price is currently at 17.87, reflecting a slight increase of 0.05 or 0.28%. The stock has shown positive momentum, having outperformed its sector by 1.05% today and achieving a consecutive gain over the last three days with a total return of 2.7%. Over the past week, the stock has risen by 3.29%, and over the past month, it has increased by 4.81%. However, despite these recent gains, the company has faced challenges, including a significant decline in net sales growth of -63.71% for the nine-month period ending June 25, and a weak long-term fundamental strength indicated by a -8.10% CAGR growth in net sales over the last five years. Additionally, the low return on equity of 5.27% suggests limited profitability, which may contribute to investor caution.
In the broader market context, Rhetan TMT Ltd's recent performance stands out against the benchmark, as it has generated a return of 28.47% over the past year, while the Sensex has only increased by 0.68%. This strong performance is notable given the overall negative return of -2.11% from the BSE500 index in the last year. However, the stock's liquidity appears to be declining, with a significant drop in delivery volume, which could indicate waning investor interest. Furthermore, the absence of domestic mutual fund investment in the company may reflect a lack of confidence among institutional investors, potentially impacting future price movements.