Why is Rajnish Retail falling/rising?

As of 27-Jun, Rajnish Retail Ltd's stock price is currently at 7.53, reflecting an increase of 0.11 or 1.48%. The stock has shown strong performance recently, gaining 9.45% over the last three days and outperforming its sector by 2.18% today. Additionally, the stock's returns over the past week and month are impressive at +9.77% and +6.66%, respectively. Despite a significant decline of -51.87% over the past year, the company has demonstrated healthy long-term growth with net sales increasing at an annual rate of 35.84%. The low debt-to-equity ratio and positive results for the last four consecutive quarters further support the stock's recent upward movement.
In the broader market context, while Rajnish Retail has outperformed the sector in the short term, it has significantly underperformed the benchmark, with the BSE 500 generating returns of 4.10% over the past year compared to the stock's -51.87%. This stark contrast highlights the challenges the company faces despite its recent gains. The stock is trading at a discount relative to its peers, which may attract some investors looking for value, but its expensive valuation and low return on equity suggest caution. Overall, while the stock is experiencing a short-term rise, its long-term performance remains a concern in the context of broader market trends.