Why is Raj Packaging falling/rising?

As of 24-Jul, Raj Packaging Industries Ltd is currently priced at 26.53, reflecting a slight increase of 0.01 (0.04%). The stock has shown a trend reversal by gaining after two consecutive days of decline. However, it is trading below all its moving averages, indicating a bearish trend. The stock has underperformed significantly over various periods, with a 1-year return of -10.43% and a 3-year return of -21.04%. Additionally, the company has weak long-term fundamentals, evidenced by a -183.01% CAGR growth in operating profits over the last five years and a poor EBIT to Interest ratio of 0.75, which suggests challenges in servicing its debt. The majority shareholders are non-institutional, which may impact the stock's stability and investor confidence.
In the broader market context, the stock's short-term performance has been relatively poor compared to the benchmark, with a 1-week return of -2.25% against a minimal decline of -0.09% for the Sensex. This underperformance is compounded by a significant drop in investor participation, with delivery volume falling by 74.12% compared to the 5-day average. The stock's liquidity remains adequate for trading, but the overall sentiment is cautious due to its negative operating profits and below-par performance in both the long and near term.