Why is Rhetan TMT Ltd falling/rising?

As of 26-Aug, Rhetan TMT Ltd's stock price is currently at 17.97, reflecting an increase of 0.1 or 0.56%. The stock has shown a strong performance recently, gaining 3.28% over the past week and 5.40% over the last month, outperforming the sector by 1.79% today. However, despite this short-term positive movement, the company has a concerning long-term outlook, with a -8.10% CAGR growth in net sales over the last five years and a low return on equity of 5.27%. Additionally, the stock's valuation appears expensive with a high enterprise value to capital employed ratio of 12.6, and domestic mutual funds hold no stake in the company, indicating a lack of confidence in its long-term prospects.
In the broader market context, Rhetan TMT Ltd has outperformed the benchmark index, the Sensex, which has seen a decline of -1.05% over the past week and -0.83% over the past month. While the stock has generated a notable return of 29.93% over the past year compared to the Sensex's -1.12%, the overall market has been challenging, with the BSE500 index down by -3.87% in the last year. This contrast highlights the stock's ability to deliver positive returns despite broader market weaknesses, although the significant drop in delivery volume and weak long-term fundamentals suggest caution for investors.