Why is Rasandik Engg. falling/rising?

As of 18-Sep, Rasandik Engineering Industries India Ltd is currently priced at 87.11, reflecting a slight increase of 0.11 (0.13%). The stock has shown a positive movement recently, gaining 2.48% over the last two days. However, it has underperformed over longer periods, with a year-to-date decline of 28.16% and a one-year drop of 32.99%. The stock's performance today is in line with its sector, but it is notable that the delivery volume has significantly decreased by 81.25% against the five-day average, indicating falling investor participation. Additionally, while the stock is trading above its 5-day and 20-day moving averages, it remains below its longer-term moving averages, suggesting a mixed technical outlook.
In the broader market context, the Sensex has performed positively, gaining 1.80% over the past week and 2.14% over the past month, contrasting with Rasandik's decline of 1.01% and 3.21% in the same periods. This underperformance highlights the stock's struggle relative to the benchmark index. The year-to-date and one-year comparisons further emphasize the stock's challenges, with the Sensex up 6.24% and nearly flat over the past year, while Rasandik has faced substantial losses. Overall, the combination of recent gains, declining investor interest, and significant underperformance against the benchmark suggests that while there may be short-term positive movements, the stock is still facing considerable headwinds.