Why is RRIL falling/rising?

As of 22-Sep, RRIL Ltd's stock price is currently at 20.45, reflecting an increase of 0.22, or 1.09%. The stock has shown positive momentum, gaining 2.82% over the last two days and outperforming its sector by 1.33% today. Additionally, RRIL has outperformed the benchmark Sensex in the past week and month, with returns of 7.52% and 13.61%, respectively. The company has a low debt-to-equity ratio of 0.10, and recent financial results indicate a significant growth in net sales by 29.06% over the last six months, alongside a higher profit after tax of Rs 5.69 crore. However, the stock has underperformed over the longer term, with a year-to-date return of -0.39% and a one-year return of -17.41%, indicating some underlying challenges despite recent gains.
In the broader market context, while RRIL has shown strong short-term performance, the benchmark Sensex has also posted modest gains of 0.46% over the past week and 1.05% over the past month. Despite the recent positive price movement, RRIL's long-term growth prospects appear limited, with a low return on equity of 7.98% and a historical annual growth rate in net sales of only 7.25%. The stock is trading at a premium compared to its peers, which may deter some investors. Overall, while the recent price increase reflects positive short-term sentiment, the company's long-term performance metrics suggest caution among investors.