Why is Rajnish Retail falling/rising?

As of 24-Sep, Rajnish Retail Ltd's stock price is currently at 6.66, reflecting an increase of 0.36 or 5.71%. The stock has been gaining momentum recently, with a consecutive gain over the last two days and a total return of 5.88% during this period. Despite this short-term positive movement, the stock has underperformed over the longer term, with a year-to-date decline of 36.87% and a one-year drop of 48.22%. The company has reported positive results for the last five consecutive quarters, including a significant growth in net sales, but it also faces challenges such as operating losses and a weak ability to service its debt, which contribute to its overall weak long-term fundamental strength.
In the broader market context, Rajnish Retail's recent performance stands in contrast to the benchmark Sensex, which has shown a slight increase of 4.58% year-to-date. Over the past week, while the stock has outperformed its sector by 6.34%, the Sensex has declined by 1.18%. This indicates that despite the stock's recent gains, it has a history of underperformance compared to the market, particularly over the last year. The stock's liquidity remains adequate for trading, but a significant drop in delivery volume suggests a decrease in investor participation, which could impact future price movements.