Why is 7NR Retail Ltd falling/rising?

As of 22-Sep, 7NR Retail Ltd's stock price is currently at 4.42, reflecting an increase of 0.05 or 1.14%. Today's price summary indicates that the stock has outperformed its sector by 1.38% and has gained after three consecutive days of decline. However, it is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. Despite a significant growth in net sales of 22.22% and positive results over the last two quarters, the stock has underperformed in the short term, with a year-to-date decline of 11.60% compared to a 5.15% increase in the benchmark. The company's weak long-term fundamentals, including operating losses and a poor EBIT to interest ratio, contribute to the stock's struggles, despite a high return on capital employed and attractive valuation metrics.
Broader market context shows that while the stock has faced a significant decline of 23.53% over the past year, the benchmark index has only fallen by 2.82%. This stark contrast highlights the stock's underperformance relative to the broader market. The recent price increase may be a temporary rebound following a period of decline, but the overall trend indicates that the stock is still struggling to maintain investor confidence amidst weak long-term growth prospects and declining investor participation.