Why is Rajnish Wellness falling/rising?

As of 01-Jul, Rajnish Wellness Ltd's stock price is flat at Rs. 0.86, showing no change (0.00%). The stock recently hit a new 52-week low of Rs. 0.83 and has underperformed the sector by 0.69%. Over the past week, the stock has seen a slight increase of 1.18%, but it has declined by 6.52% over the past month and a significant 39.86% year-to-date. The company's financial health is concerning, with a high Debt to EBITDA ratio of -1.00 times indicating a low ability to service debt, and a return on equity of only 0.55%. Additionally, the company reported negative results for the quarter ending March 25, with net sales at their lowest and a significant drop in operating profits, which has contributed to the stock's overall decline of 84.99% over the past year.
In the broader market context, the Sensex has increased by 2.00% over the past week, contrasting with Rajnish Wellness's modest gain. While institutional investors have increased their stake by 0.57%, indicating some confidence in the company's long-term growth potential, the overall investor participation has fallen, with a 32% decrease in delivery volume compared to the 5-day average. This decline in participation, coupled with the company's negative operating profits and poor financial performance, suggests that the stock is trading in a risky environment compared to its historical valuations, which may deter further investment.