Why is Rajesh Exports falling/rising?

As of 26-Jun, Rajesh Exports Ltd. is experiencing a price increase, currently at Rs 203.05, reflecting a rise of Rs 6.4 or 3.25%. The stock has shown positive momentum, gaining 9.83% over the last two days and outperforming its sector by 2.13% today. Despite this short-term gain, the stock has a concerning long-term performance, with a year-to-date decline of 12.14% and a significant drop of 28.97% over the past year. The company benefits from a low debt-to-equity ratio and high institutional holdings at 25.82%, suggesting a level of confidence among more sophisticated investors. However, the company has faced challenges, including negative operating profits and a substantial decline in operating profit growth over the last five years.
In the broader market context, Rajesh Exports' recent performance contrasts with the benchmark, as the stock has outperformed the Sensex by a notable margin in the short term, with a 1-week return of 8.96% compared to the Sensex's 2.94%. However, the stock's long-term trajectory remains troubling, having consistently underperformed against the benchmark over the last three years. This underperformance is compounded by a significant drop in profits, which fell by 91.6% over the past year, indicating that while the stock may be experiencing a temporary rise, the underlying fundamentals present a risky investment scenario.