Why is Radhagobind Comm falling/rising?

As of 29-Aug, Radhagobind Commercial Ltd's stock price is currently at Rs. 1.65, reflecting an increase of Rs. 0.07 or 4.43%. Despite this recent uptick, the stock has faced significant challenges, having reached a new 52-week low of Rs. 1.51 earlier in the day. The stock has outperformed its sector by 3.8% today, marking a potential trend reversal after five consecutive days of decline. However, it is trading below all its moving averages, indicating a bearish trend. Over the past week, the stock has dropped by 9.84%, and it has underperformed the benchmark Sensex significantly over various periods, including a year-to-date decline of 51.33%.
In the broader market context, while Radhagobind Commercial Ltd has shown a slight recovery today, its performance remains concerning compared to the Sensex, which has gained 2.14% year-to-date. The stock's poor long-term fundamentals, highlighted by a negative book value and a high debt-to-equity ratio, contribute to its risky profile. Additionally, the company has reported flat results, with declining net sales and operating profit over the past five years. The falling investor participation, as indicated by a 20.32% drop in delivery volume, further suggests a lack of confidence among investors, which could hinder any sustained recovery in the stock price.