Why is Darshan Orna falling/rising?

As of 28-Jul, Darshan Orna Ltd's stock price is currently at 2.62, reflecting an increase of 0.11 or 4.38%. The stock has shown a trend reversal, gaining after three consecutive days of decline, and has outperformed its sector by 6.24% today. However, despite this short-term gain, the stock has underperformed over the longer term, with a year-to-date return of -20.12% and a one-year return of -41.26%. The company is facing significant challenges, including operating losses and a weak ability to service its debt, which is reflected in its poor EBIT to Interest ratio and declining profitability. The negative results reported for the last nine months, including a significant drop in net sales and profit after tax, further contribute to the stock's weak long-term fundamental strength.
In the broader market context, while the Sensex has shown a slight gain of 3.52% year-to-date, Darshan Orna's performance has been notably poor, with a year-to-date decline of -20.12%. This stark contrast highlights the stock's struggles relative to the overall market. Additionally, the diamond and gold jewelry sector, in which the company operates, has seen a decline of -2.08%, indicating sector-wide challenges that may be impacting investor sentiment. The falling investor participation, evidenced by a significant drop in delivery volume, suggests a lack of confidence among investors, which could further pressure the stock despite today's positive movement.