Why is Rajdarshan Inds falling/rising?

As of 04-Jul, Rajdarshan Industries Ltd is experiencing a price increase, currently at Rs 59.00, reflecting a rise of 1.02 (1.76%). The stock has shown strong performance recently, with a consecutive gain over the last two days, resulting in a total return of 5.36%. It has outperformed the sector by 1.02% today and has been trading above its moving averages across various time frames. Over the past week, the stock has increased by 4.04%, and in the last month, it has surged by 25.85%, significantly outperforming the Sensex, which has only risen by 3.01%. However, despite this positive movement, the company faces challenges such as operating losses and weak long-term fundamentals, which may impact investor sentiment.
In the broader market context, Rajdarshan Industries Ltd's recent performance contrasts sharply with the Sensex, which has declined by 0.74% over the past week. The stock's ability to generate returns has been notable, especially with a 23.20% increase over the past year compared to the Sensex's 4.23%. However, the company has reported poor financial health indicators, including a negative EBIT to interest ratio and declining profits, which could pose risks moving forward. While the stock has shown impressive short-term gains, the underlying financial weaknesses may temper long-term investor confidence.