Why is Radiant Cash falling/rising?

As of 31-Jul, Radiant Cash Management Services Ltd is experiencing a price increase, with its current price at Rs 57.12, reflecting a rise of Rs 1.72 or 3.1%. Today's price performance indicates that the stock has outperformed its sector by 3.7%, reaching an intraday high of Rs 58.5, which is a 5.6% increase. However, despite this positive movement, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The stock has shown a significant decline over the past year, with a return of -33.75%, although it has seen a slight increase in profits of 0.5%. The company boasts a high return on equity (ROE) of 21.12% and a low debt-to-equity ratio, contributing to its attractive valuation despite the poor long-term growth indicated by a -16.35% annual decline in operating profit over the last five years.
In the broader market context, Radiant Cash's short-term performance has been relatively better compared to the benchmark, as it has gained 0.04% over the past week while the Sensex has decreased by 1.22%. However, the stock's year-to-date performance is concerning, with a decline of -24.31% compared to a 3.90% increase in the benchmark. Additionally, there has been a decrease in institutional investor participation, which fell by 6.86% in the previous quarter, indicating a lack of confidence among more experienced investors. This decline, coupled with the stock's underperformance against the BSE500 over various time frames, suggests that while there may be short-term gains, the long-term outlook remains challenging.