Why is Rain Industries falling/rising?

As of 01-Sep, Rain Industries Ltd's stock price is currently at 136.30, reflecting an increase of 1.0 (0.74%). This marks a trend reversal as the stock has gained after seven consecutive days of decline. However, it is important to note that Rain Industries is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally weak performance. The stock has underperformed significantly over the past year, with a return of -19.66%, while the company has shown a notable increase in profits, rising by 70.9%. Additionally, institutional investors have increased their stake by 0.82%, suggesting a growing confidence in the company's fundamentals despite its recent struggles.
In the broader market context, Rain Industries has experienced a -6.96% return over the past week, which is significantly worse than the Sensex's decline of only -1.56%. This consistent underperformance against the benchmark over the last three years highlights the stock's challenges. While the company has shown positive quarterly results, including a 143.7% growth in PAT, its long-term fundamental strength remains weak, as indicated by a -2.28% CAGR growth in operating profits over the last five years. The high Debt to EBITDA ratio of 5.71 times further complicates its financial outlook, suggesting that while there may be short-term gains, the long-term prospects remain uncertain.