Why is Rajshree Sugars falling/rising?

As of 18-Sep, Rajshree Sugars & Chemicals Ltd is currently priced at 41.71, reflecting an increase of 0.43 or 1.04%. The stock has shown a positive trend recently, gaining for the last two days with a total return of 1.31%. It has outperformed its sector by 0.45% today, and there has been a notable increase in investor participation, with delivery volume rising by 57.41% compared to the 5-day average. However, despite these short-term gains, the company faces significant challenges, including operating losses and a high debt-to-equity ratio of 3.97 times, indicating weak long-term fundamental strength. The stock has underperformed over the past year, with a return of -42.75%, and negative results in recent quarters have further exacerbated concerns regarding its profitability and growth potential.
In the broader market context, the stock's performance over the past week has been negative, with a decline of 0.83%, while the benchmark Sensex has increased by 1.80%. Although Rajshree Sugars has shown some recovery in the short term, its long-term outlook remains precarious due to poor financial results and high promoter share pledging, which could exert additional downward pressure in a falling market. The stock's performance over the last month has been slightly better, with a gain of 6.13%, but it still lags behind the Sensex's 2.14% increase, highlighting the challenges it faces in regaining investor confidence amidst its ongoing financial struggles.