Why is 7NR Retail Ltd falling/rising?

As of 12-Sep, 7NR Retail Ltd's stock price is currently at 4.85, reflecting an increase of 0.05 or 1.04%. Today's price summary indicates that the stock has outperformed its sector by 1.75% and has experienced a trend reversal, gaining after three consecutive days of decline. Despite this positive movement, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has seen a significant decline of 14.16%, while its year-to-date performance shows a decrease of 3.00%. Positive factors contributing to the recent price movement include a growth in net sales of 22.22% and a substantial increase in profit after tax, which has grown by 260.81%. However, the company faces challenges such as operating losses and weak long-term fundamental strength, which may dampen investor confidence.
In the broader market context, the stock has underperformed compared to the benchmark, with a one-year return of -21.90% against the Sensex's decline of only -1.28%. This stark contrast highlights the stock's struggles despite some recent positive developments. While the market has shown resilience, 7NR Retail Ltd's significant losses over the past year and its weak ability to service debt may continue to weigh on its performance. The rising investor participation, indicated by a 297.37% increase in delivery volume, suggests some renewed interest, but the overall outlook remains cautious given the company's long-term growth challenges.