Why is Rajdarshan Inds falling/rising?

As of 26-Jun, Rajdarshan Industries Ltd is experiencing a price increase, currently at Rs 51.64, reflecting a rise of 4.1 (8.62%). The stock has shown strong performance recently, gaining 14.37% over the last three days and outperforming its sector by 8.71% today. It has also demonstrated impressive returns over the past week, with a 19.93% increase compared to the Sensex's 2.94%. However, despite these short-term gains, the company faces significant challenges, including operating losses and weak long-term fundamentals, as indicated by a negative EBIT to interest ratio and declining profits over the past year.
Broader market context shows that while Rajdarshan Industries has outperformed the benchmark in the short term, its year-to-date performance remains negative at -5.51%, contrasting with the Sensex's positive return of 7.19%. This disparity highlights the stock's volatility and the risks associated with its current valuation, especially given its poor long-term growth metrics and negative EBITDA. The stock's recent rise may be attributed to increased investor participation and favorable trading conditions, but the underlying financial weaknesses suggest caution for long-term investors.