Why is Rajesh Exports falling/rising?

As of 30-Jun, Rajesh Exports Ltd. is experiencing a price increase, currently at Rs 201.70, reflecting a rise of 3.55 or 1.79%. Today's price summary indicates that the stock outperformed its sector by 1.18%, reaching an intraday high of Rs 207.45, which is a 4.69% increase. However, despite this positive movement, the stock has shown significant underperformance over longer periods, with a year-to-date decline of 12.72% and a staggering 67.71% drop over the past three years. The company has a low debt-to-equity ratio and high institutional holdings at 25.82%, suggesting some confidence from institutional investors. Nonetheless, the company's operating profit has drastically declined by 146.68% over the last five years, and recent results indicate a concerning trend with a PAT growth of -83.81% and a negative operating profit, which raises risks for investors.
In the broader market context, the stock's short-term performance of +9.20% over the past week significantly outpaces the benchmark Sensex, which has only increased by 2.09%. However, the long-term picture remains bleak, with Rajesh Exports underperforming the benchmark in each of the last three years, including a 28.49% decline in the past year compared to the Sensex's 5.79% gain. This consistent underperformance, coupled with falling investor participation and liquidity concerns, suggests that while there may be short-term gains, the overall outlook for Rajesh Exports remains challenging in the context of broader market trends.