Why is Rajesh Exports falling/rising?

As of 15-Sep, Rajesh Exports Ltd. is currently priced at 201.00, reflecting an increase of 2.65 (1.34%). The stock has shown a positive performance today, outperforming its sector by 2.31% and reaching an intraday high of Rs 203.3. In the past week, the stock has risen by 5.18%, and over the past month, it has increased by 13.98%. However, despite these short-term gains, the company has faced significant challenges, including a poor long-term growth outlook with an annual operating profit decline of 37.28% over the last five years. Additionally, the recent quarterly results indicate a substantial drop in pre-tax profit and net profit, which has contributed to a negative sentiment around the stock. The company also has a low debt-to-equity ratio, but its high valuation compared to peers and consistent underperformance against benchmarks over the last three years raise concerns.
In the broader market context, while Rajesh Exports has outperformed the Sensex in the short term, with a 5.18% increase compared to the benchmark's 1.24% in the past week, its year-to-date performance remains weak, with a decline of 13.02% compared to the Sensex's gain of 4.67%. This disparity highlights the stock's volatility and the challenges it faces in maintaining investor confidence. The falling investor participation, as indicated by a 26.45% drop in delivery volume, further suggests a lack of sustained interest in the stock, which could hinder its ability to capitalize on recent gains. Overall, while there are short-term positive movements, the long-term outlook remains concerning, impacting investor sentiment.