Why is Rajshree Sugars falling/rising?

As of 15-Sep, Rajshree Sugars & Chemicals Ltd is currently priced at 42.30, reflecting a slight increase of 0.15 (0.36%). The stock has been gaining for the last four days, with a total return of 2.55% during this period. However, despite this recent uptick, the stock has underperformed significantly over the longer term, with a year-to-date decline of 25.79% and a one-year drop of 41.18%. The company's financial health is concerning, as it has reported operating losses and a high debt-to-equity ratio of 3.97 times, indicating weak long-term fundamental strength. Additionally, negative results in recent quarters, including a substantial fall in profit before tax and net sales, contribute to the stock's risky profile.
In the broader market context, the stock's short-term performance of +0.57% over the past week is less than the benchmark Sensex, which has gained 1.24% in the same period. This underperformance is indicative of the stock's struggles, particularly given its high level of pledged promoter shares, which can exert additional downward pressure in a falling market. The liquidity of the stock is adequate for small trades, but the significant drop in delivery volume suggests waning investor interest, further complicating its outlook. Overall, while there has been a minor recent rise in price, the underlying fundamentals and market conditions present a challenging environment for Rajshree Sugars.