Why is Rajnandini Metal falling/rising?

As of 28-Aug, Rajnandini Metal Ltd is currently priced at 4.48, with no change in price, reflecting a 0.00% movement. The stock has underperformed significantly over various time frames, with a one-week return of -1.75% compared to the Sensex's -2.32%, and a year-to-date decline of -49.09% against the Sensex's positive return of 3.62%. Today's performance indicates that the stock has outperformed its sector by 1.04%, but it is trading below its moving averages across all time frames. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 14.16% against the five-day average. The company faces significant challenges, including a high Debt to EBITDA ratio of 4.78 times, poor long-term growth with a -139.24% annual operating profit growth over the last five years, and negative results for the last six consecutive quarters.
In the broader market context, while Rajnandini Metal has shown some resilience by outperforming its sector today, its long-term performance remains concerning, especially given its consistent underperformance against the benchmark over the past three years. The stock's substantial decline of -63.81% over the past year, coupled with a significant drop in net sales and operating profits, highlights the ongoing financial struggles of the company. This underperformance, alongside a lack of institutional support and high debt levels, suggests that the stock is facing considerable headwinds in the current market environment.