Why is RRIL falling/rising?

As of 19-Sep, RRIL Ltd's stock price is currently at 20.30, reflecting an increase of 0.41, or 2.06%. The stock has shown strong performance recently, with a 10.51% increase over the past week and a 19.41% rise over the past month, significantly outperforming the Sensex, which has only gained 0.88% and 1.20% in the same periods, respectively. Today's price summary indicates that RRIL is trading above its moving averages across various timeframes, and there has been a notable increase in investor participation, with delivery volume rising by 24.16% compared to the 5-day average. Additionally, the company has reported positive growth in net sales and profit after tax, which may contribute to the stock's upward movement. However, it is important to note that the company has a low return on equity of 7.98%, indicating potential concerns about profitability.
Broader market context shows that while RRIL has outperformed the benchmark in the short term, it has underperformed over the longer term, with a year-to-date decline of 1.12% compared to a 5.74% increase in the Sensex. Despite the recent positive performance, the stock has generated a return of -18.73% over the past year, which is significantly worse than the broader market's decline of -0.67%. This disparity suggests that while there are short-term gains, the stock's long-term growth prospects remain questionable, particularly given its low profitability metrics and high valuation compared to peers.