Why is Rajesh Exports falling/rising?

As of 09-Jul, Rajesh Exports Ltd. is currently priced at 203.00, reflecting an increase of 1.3, or 0.64%. The stock has shown some positive movement today, outperforming its sector by 0.79%. It is trading above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average. Despite this short-term uptick, the stock has experienced a decline of 12.16% year-to-date and a significant drop of 29.21% over the past year, indicating a consistent underperformance against the benchmark. The company has a low debt-to-equity ratio and high institutional holdings at 25.82%, which may provide some support; however, the long-term growth outlook is poor, with operating profits declining at an alarming rate of -146.68% over the last five years.
In the broader market context, the Sensex has gained 6.91% year-to-date, contrasting sharply with Rajesh Exports' negative performance. The stock's recent rise may be attributed to increased investor participation, as evidenced by a 35.99% rise in delivery volume compared to the 5-day average. However, the company's negative operating profits and a significant drop in profits over the past year raise concerns about its sustainability. The stock's historical underperformance against the benchmark over the last three years further complicates its outlook, suggesting that while there may be short-term gains, the long-term trajectory remains uncertain and risky.