Why is Rasandik Engg. falling/rising?

As of 22-Sep, Rasandik Engineering Industries India Ltd is experiencing a slight increase in its stock price, currently at 87.50, reflecting a change of 0.45 or 0.52% upward. The stock has shown a performance of +2.94% over the past week, outperforming the Sensex, which only increased by 0.46%. However, despite this short-term gain, the company has a troubling long-term outlook, with a -27.84% year-to-date return and a -31.05% return over the past year. The stock's performance today has been bolstered by a significant rise in delivery volume, which increased by 53.48% compared to the five-day average, indicating rising investor participation. Nonetheless, the company faces challenges, including a weak long-term fundamental strength characterized by a -17.30% CAGR growth in net sales over the last five years and a high Debt to EBITDA ratio of 7.09 times, which suggests difficulties in servicing debt.
In the broader market context, while Rasandik Engineering's short-term performance has been positive, it has consistently underperformed against the benchmark over the last three years, with a notable -31.05% return compared to the Sensex's -2.82% over the same period. This underperformance is compounded by negative operating profits and a significant decline in profitability, as evidenced by an average Return on Equity of only 2.06%. The stock's liquidity is adequate for trading, but the overall sentiment remains cautious due to the company's financial struggles and negative results reported in recent quarters.