Why is Steel Exchange falling/rising?

As of 15-Sep, Steel Exchange India Ltd is currently priced at 10.77, reflecting an increase of 0.2 or 1.89%. The stock has been on an upward trend, gaining for the last three days and achieving a total return of 13.25% during this period. It has outperformed its sector by 1.02% today and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite a year-over-year decline of 19.93%, the company has seen a significant profit increase of 77.7%, which, combined with an attractive valuation indicated by a PEG ratio of 0.6, may contribute to the recent positive price movement. However, the stock's long-term fundamentals are weak, with a high Debt to EBITDA ratio and a consistent underperformance against benchmarks over the past three years. In the broader market context, Steel Exchange's short-term return of 17.07% over the past week significantly outpaces the Sensex's return of 1.24%. This indicates strong relative performance in the short term, which could attract more investor interest. However, the stock's long-term challenges, such as poor growth rates and high debt levels, may temper enthusiasm among investors. Overall, while the stock is currently rising due to recent gains and positive profit trends, its long-term outlook remains uncertain due to fundamental weaknesses.