Why is Rajnandini Metal falling/rising?

As of 24-Sep, Rajnandini Metal Ltd's stock price is currently at 4.69, reflecting an increase of 0.03 or 0.64%. Despite this slight uptick, the stock has shown a negative performance over the past week, with a decline of 0.21%, while it has outperformed its sector today by 0.83%. However, the stock's long-term performance is concerning, with a year-to-date decline of 46.70% and a staggering drop of 56.29% over the past year. The company has also reported negative results for the last six consecutive quarters, with a significant fall in net sales and operating profit, indicating poor financial health. Additionally, the high Debt to EBITDA ratio of 4.78 times raises concerns about the company's ability to service its debt, further impacting investor sentiment.
In the broader market context, the stock's short-term performance has been relatively better than the benchmark, as it has outperformed the Sensex by 0.83% today. However, over the longer term, Rajnandini Metal has consistently underperformed against the benchmark, with a return of -56.29% in the last year compared to a decline of only 3.41% for the Sensex. This consistent underperformance, coupled with falling investor participation and negative operating profits, paints a challenging picture for the stock's future prospects, despite its recent minor price increase.