Why is Sarthak Metals falling/rising?

As of 20-Jun, Sarthak Metals Ltd's stock price is currently at Rs 126.90, reflecting an increase of Rs 8.25, or 6.95%. The stock has outperformed its sector today by 6.52%, reaching an intraday high of Rs 127. In the past week, the stock has shown a return of +2.59%, and over the past month, it has increased by +5.75%. However, despite these short-term gains, the stock has experienced a significant decline of -19.89% year-to-date and -37.72% over the past year. The company has a high management efficiency with a return on equity (ROE) of 24.51% and a low debt to EBITDA ratio of 0.20, indicating a strong ability to service its debt. Nevertheless, the company has faced poor long-term growth, with net sales declining at an annual rate of -26.93% and operating profit down by -51.25% over the last five years, which has negatively impacted investor sentiment.
In the broader market context, Sarthak Metals' recent performance has been favorable compared to the benchmark, as it has outperformed the Sensex, which has returned +1.59% over the past week and +1.50% over the past month. However, the stock's long-term performance remains concerning, with a significant underperformance against the BSE 500 over the last three years, one year, and three months. The stock's valuation is considered expensive with a price-to-book value of 1.5, and despite the recent uptick, the overall trend indicates a struggle to maintain investor confidence due to consecutive negative results over the last nine quarters and a substantial drop in profits.