Why is Rajnish Wellness falling/rising?

As of 24-Sep, Rajnish Wellness Ltd's stock price is currently at 0.98, reflecting an increase of 0.06, or 6.52%. Today's performance indicates that the stock has outperformed its sector by 5.83%. However, despite this positive movement, the stock has shown a decline of 1.01% over the past week and a significant drop of 31.47% year-to-date. The stock's delivery volume has decreased by 38.25% compared to the 5-day average, suggesting falling investor participation. Additionally, the company has reported negative results for the last three consecutive quarters, with net sales declining by 70.12%, which raises concerns about its long-term fundamental strength. The average return on equity is low at 0.55%, and the company's ability to service its debt is weak, further contributing to a cautious outlook.
In the broader market context, the stock's short-term performance has been slightly better than the benchmark Sensex, which has declined by 1.18% over the past week. However, the stock's year-to-date performance is starkly negative at -31.47%, contrasting with the Sensex's positive return of 4.58%. This disparity highlights the challenges faced by Rajnish Wellness Ltd in the current market environment, particularly given its poor long-term growth metrics and high valuation relative to its peers. Overall, while there is a short-term uptick in stock price, the underlying fundamentals and broader market conditions suggest a cautious approach to investing in this company.