Why is Steel Exchange falling/rising?

As of 12-Sep, Steel Exchange India Ltd is experiencing a rise in its stock price, currently at 10.57, with a change of 0.78, reflecting a 7.97% increase. The stock has outperformed its sector by 8% today and has shown consecutive gains over the last two days, accumulating a total return of 11.15% during this period. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating positive momentum. The stock's recent performance is further supported by a significant increase in delivery volume, which rose by 68.02% compared to the 5-day average. Despite a year-to-date return of 3.42%, the stock has faced challenges over the past year, with a decline of 20.17%, although its profits have increased by 77.7%, suggesting a potential for recovery. In the broader market context, Steel Exchange's short-term return of 14.27% over the past week significantly outpaces the Sensex's return of 1.48%, highlighting strong relative performance. However, the stock's long-term fundamentals remain a concern, with an average Return on Capital Employed (ROCE) of 8.64% and a high Debt to EBITDA ratio of 5.06 times, indicating potential risks in servicing debt. While the stock is trading at a discount compared to its peers and has an attractive valuation with a PEG ratio of 0.5, its consistent underperformance against benchmarks over the last three years raises caution among investors.