Why is Rajesh Exports falling/rising?

As of 01-Jul, Rajesh Exports Ltd. is experiencing a slight increase in its stock price, currently at 202.35, with a change of 0.65 (0.32%) upward. The stock has shown a positive trend recently, gaining 2.12% over the last two days, although it remains below its 200-day moving average. Despite this short-term gain, the stock has underperformed significantly over the longer term, with a year-to-date decline of 12.44% and a staggering 29.20% drop over the past year. The company has a low debt-to-equity ratio and high institutional holdings at 25.82%, which may provide some stability, but it faces challenges such as negative operating profits and a poor growth rate in operating profit over the last five years.
In the broader market context, Rajesh Exports' short-term performance of +9.56% over the past week contrasts sharply with the Sensex, which has only increased by 2.00% in the same period. However, the stock's long-term performance is concerning, as it has consistently underperformed against the benchmark over the last three years. The company's recent flat results and declining profits, alongside a significant drop in delivery volume, indicate that while there may be some short-term gains, the overall outlook remains risky and negative, contributing to a cautious sentiment among investors.