Why is Rajnish Retail falling/rising?

As of 23-Sep, Rajnish Retail Ltd's stock price is currently at 6.40, reflecting an increase of 0.11 or 1.75%. The stock has shown a trend reversal, gaining after two consecutive days of decline. However, it is trading below all key moving averages, indicating a bearish trend. Despite a recent outperformance against its sector by 2.33%, the stock has underperformed significantly over the past month and year, with returns of -8.57% and -49.97%, respectively. The company has reported positive results for the last five consecutive quarters, with net sales growing by 154.81% in the latest six months. However, it faces challenges such as operating losses and a weak ability to service its debt, which contribute to its weak long-term fundamental strength. In the broader market context, while the Sensex has shown a slight decline of -0.34% over the past week, Rajnish Retail's performance has been worse, with a drop of -0.62%. The stock's significant underperformance over the past year, where it fell by -49.97% compared to the market's -4.69%, highlights its struggles. The liquidity of the stock remains adequate for trading, but a notable decline in investor participation, with delivery volume dropping by 45.21% against the five-day average, suggests waning interest. Overall, despite some positive short-term movements, the stock's long-term outlook remains concerning due to its financial challenges.