Why is Rama Vision falling/rising?

As of 09-Jul, Rama Vision Ltd's stock price is currently at Rs 87.99, reflecting an increase of Rs 4.4 or 5.26%. Today's performance indicates that the stock has outperformed its sector by 5.63%, reaching an intraday high of Rs 87.99. The stock has shown a positive trend in the short term, with a 1-month return of +3.53%, although it has experienced a year-to-date decline of -30.17%. The recent rise in investor participation, evidenced by a significant increase in delivery volume, suggests growing interest in the stock. Despite this, the company faces challenges, including a decline in profits over the past year and flat results in its latest financial report, which may temper investor enthusiasm.
In the broader market context, the stock's short-term performance of +3.53% over the past month slightly lags behind the benchmark Sensex, which has returned +1.32% in the same period. While the stock has shown strong long-term growth with a remarkable 350.08% increase over three years, its current valuation appears attractive compared to peers, trading at a discount. However, the negative factors, such as a significant drop in profits and low cash reserves, could weigh on future performance. Overall, while the stock is rising today, underlying financial challenges may impact its longer-term trajectory.