Why is Guj. Raffia Inds falling/rising?

As of 18-Aug, Gujarat Raffia Industries Ltd is experiencing a price increase, currently at 37.30, reflecting a change of 0.82 or 2.25% upward. Despite this positive movement today, the stock has shown a decline of 3.02% over the past week and 8.89% over the past month, indicating a challenging performance in the near term. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which typically suggests a bearish trend. However, there has been a notable increase in investor participation, with delivery volume rising by 295.45% against the 5-day average. Positive results reported on June 25, including the highest operating cash flow and net sales, may have contributed to today's price rise, but the company also faces significant long-term challenges, including a weak CAGR growth in net sales and low profitability, as evidenced by a Return on Equity of only 2.8.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark Sensex, which has gained 0.83% over the past week. While Gujarat Raffia Industries Ltd has outperformed its sector by 2.53% today, its year-to-date performance remains concerning, with a staggering decline of 64.15% compared to the Sensex's 4.01% increase. This underperformance is compounded by the company's weak fundamentals, including a poor EBIT to Interest ratio and a significant drop in profits over the past year. Overall, while the stock shows some short-term recovery, the long-term outlook remains bleak, suggesting that the recent price increase may not be sustainable without substantial improvements in the company's financial health.