Why is Shyam Century falling/rising?

As of 21-Jul, Shyam Century Ferrous Ltd's stock price is currently at 8.32, reflecting an increase of 0.16 or 1.96%. The stock has shown positive momentum recently, gaining 5.99% over the last three days and outperforming its sector by 2.23% today. In the past week, the stock has risen by 1.84%, while over the past month, it has increased by 14.44%. However, despite these short-term gains, the company has faced significant long-term challenges, including a dramatic decline in operating profit and a negative EBITDA, which have contributed to a year-to-date drop of 38.10% and a one-year return of -51.09%. The company's low debt-to-equity ratio may provide some stability, but the consistent underperformance against benchmarks raises concerns about its future growth prospects.
In the broader market context, while Shyam Century Ferrous Ltd has managed to outperform the Sensex in the short term, the overall trend remains concerning. The stock's performance over the last three years has been particularly poor, with a decline of 64.82% compared to a 47.62% gain in the benchmark. This consistent underperformance, coupled with negative financial results and a lack of long-term growth, suggests that while there may be short-term fluctuations in price, the underlying fundamentals remain weak, making the stock a risky investment.