Why is Vallabh Steels falling/rising?

As of 27-Jun, Vallabh Steels Ltd is currently priced at 8.96, showing no change (0.00%). The stock has experienced erratic trading, not trading on one day out of the last 20 days, but it has seen a significant increase in delivery volume, rising by 91.59% against the 5-day average. In terms of returns, the stock has performed positively in the short term with a 9.80% increase over the past week, although it has declined by 4.98% over the past month and has underperformed significantly over the past year with a drop of 30.54%. The company faces challenges, including a negative book value and high debt levels, which contribute to its weak long-term fundamental strength.
Broader market context indicates that while Vallabh Steels has shown a positive return in the short term, it has underperformed the broader market significantly over the past year, where the benchmark (BSE 500) has generated a return of 4.10%. The stock's performance is concerning given its negative EBITDA and flat results in March 2025, suggesting ongoing financial difficulties. Despite the recent uptick in trading activity, the overall outlook remains risky due to the company's poor long-term growth prospects and high debt levels, which may deter potential investors.