Why is Guj. Raffia Inds falling/rising?

As of 31-Jul, Gujarat Raffia Industries Ltd's stock price is currently at 39.20, reflecting an increase of 0.49 or 1.27%. Today's performance indicates that the stock has outperformed its sector by 2.69%. However, it is important to note that while the stock is higher than its 5-day moving average, it remains below the 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has shown a positive return of 3.79%, contrasting with a decline of 5.90% over the past month. Despite this recent uptick, the stock has experienced a significant drop of 30.45% over the past year, with profits also declining by 1%. The company's return on equity stands at a low 2.5%, and it is trading at a discount compared to its peers, indicating fair valuation but weak fundamental strength.
In the broader market context, the stock's recent performance is notable as it has outperformed the Sensex, which has declined by 1.17% over the past week. However, the stock has underperformed the market significantly over the last year, with a return of -30.45% compared to the BSE500's -3.20%. The company's weak long-term fundamentals, characterized by a -2.60% CAGR growth in net sales over the last five years and a poor EBIT to interest ratio of 0.46, contribute to concerns about its ability to sustain growth. Additionally, the falling investor participation, as indicated by a 55.86% drop in delivery volume, suggests a lack of confidence among investors, further impacting the stock's movement.