Why is Sarthak Metals falling/rising?

As of 23-Sep, Sarthak Metals Ltd is experiencing a price increase, with the current price at Rs 110.00, reflecting a change of 2.45 (2.28%) upward. The stock has shown a positive performance today, outperforming its sector by 1.5% and achieving consecutive gains for the last four days, resulting in a total return of 3.77% during this period. Despite this short-term positive movement, the company has faced significant challenges, including a poor long-term growth trajectory with net sales declining at an annual rate of -28.13% and operating profit down by -52.81% over the last five years. Additionally, the company has reported negative results for the last ten consecutive quarters, which has contributed to its overall negative performance, including a -34.52% return over the past year.
In the broader market context, Sarthak Metals' short-term return of +1.20% over the past week contrasts with the Sensex, which has seen a decline of -0.34% during the same period. While the stock has shown some resilience in the short term, it has significantly underperformed the benchmark over longer periods, including a -30.56% return year-to-date compared to the Sensex's +5.07%. The stock's liquidity appears adequate, with a notable increase in delivery volume, yet the overall financial health indicators, such as a low return on equity and high valuation relative to peers, suggest that the stock's recent gains may not be sustainable in the face of ongoing operational challenges.