Why is RR Metalmakers falling/rising?

As of 15-Jul, RR Metalmakers India Ltd is currently priced at 33.61, reflecting an increase of 0.79 or 2.41%. The stock has shown a positive performance today, outperforming its sector by 1.23%, and has experienced consecutive gains over the last two days, rising a total of 2.91% during this period. However, it is important to note that the stock has underperformed over the past week and month, with declines of 1.47% and 12.81%, respectively. Additionally, the stock is trading below all its moving averages, indicating a bearish trend. Despite a very attractive valuation with a high return on capital employed and a favorable PEG ratio, the company faces significant challenges, including high debt levels and poor long-term growth, which have contributed to a substantial decline of 49.11% over the past year.
In the broader market context, RR Metalmakers has underperformed the benchmark, with the Sensex gaining 1.79% over the past month while the stock has declined significantly. The company's weak long-term fundamentals, highlighted by a negative growth rate in net sales and disappointing financial results, have further exacerbated its struggles in the market. While the stock's recent gains may suggest a short-term recovery, the overall negative sentiment and poor performance relative to both the market and its historical returns indicate that investors remain cautious about its long-term prospects.