Why is Raj Oil Mills falling/rising?

As of 11-Sep, Raj Oil Mills Ltd is currently priced at 48.30, reflecting a slight increase of 0.1 or 0.21%. Despite this small uptick, the stock has underperformed its sector by 3.41% today and has shown mixed performance in recent periods, with a 1-week decline of 0.51% and a 1-month increase of 2.99%. The stock has consistently underperformed against the benchmark over the past year, yielding a return of -13.13% compared to the Sensex's modest gain of 0.03%. While the company has reported positive financial results, including a 7.63% growth in net profit and record net sales, it also faces challenges such as a negative book value and high debt levels, which contribute to its weak long-term fundamental strength.
In the broader market context, the stock's recent performance contrasts with the Sensex, which has gained 1.03% over the past week and 4.36% year-to-date. The solvent extraction sector has seen a gain of 3.58%, indicating a favorable environment for peers, yet Raj Oil Mills has struggled to capitalize on this momentum. The decline in investor participation, evidenced by a 3.75% drop in delivery volume, further underscores the stock's challenges in attracting interest, despite its recent positive earnings reports. Overall, the combination of short-term gains overshadowed by long-term weaknesses and sector underperformance contributes to the stock's precarious position in the market.