Why is Rajnandini Metal falling/rising?

As of 03-Sep, Rajnandini Metal Ltd's stock price is currently at 4.49, reflecting a slight increase of 0.01 or 0.22%. Today's performance indicates that the stock has underperformed its sector by 0.68%. While the stock is higher than its 5-day moving average, it remains lower than the 20-day, 50-day, 100-day, and 200-day moving averages. The stock has shown a mixed performance over various periods, with a 1-week return of +0.22%, but a significant decline of -5.87% over the past month and -48.98% year-to-date. The company faces challenges such as a high Debt to EBITDA ratio of 4.78, indicating a low ability to service debt, and a troubling trend of negative operating profits and declining net sales, which have fallen by -64.57%. These factors contribute to a perception of risk surrounding the stock, despite its high management efficiency reflected in a ROCE of 16.12%.
In the broader market context, Rajnandini Metal's short-term performance has slightly outpaced the Sensex, which has only increased by 0.01% over the same week. However, the stock's long-term performance is concerning, with a staggering decline of -63.08% over the past year, compared to a modest -2.23% drop in the benchmark. The consistent underperformance against the benchmark over the last three years further highlights the stock's struggles, as it has generated negative returns while the broader market has shown resilience. Overall, while there is a minor uptick in the stock price today, the underlying financial issues and poor long-term growth prospects continue to weigh heavily on investor sentiment.