Why is Rasandik Engg. falling/rising?

As of 23-Sep, Rasandik Engineering Industries India Ltd is currently priced at 88.90, reflecting an increase of 1.4 or 1.6%. The stock has shown a positive trend recently, having outperformed its sector by 1.1% today and achieving a consecutive gain over the last two days with a total return of 2.13%. However, despite this short-term uptick, the stock has a concerning long-term outlook, with a significant decline of 29.30% over the past year and a weak fundamental strength indicated by a -17.30% CAGR growth in net sales over the last five years. The company is also facing challenges with a high debt-to-EBITDA ratio and negative operating profits, which contribute to its overall riskiness and may deter long-term investors.
In the broader market context, the stock's recent performance contrasts with the benchmark, as it has gained 4.59% over the past week while the Sensex has declined by 0.34%. This indicates a short-term resilience against a generally unfavorable market backdrop. However, the stock's long-term performance remains troubling, as it has consistently underperformed against the BSE500 over the last three years, with a notable drop in profitability reflected in a -88.8% fall in profits over the past year. This combination of short-term gains amidst long-term struggles suggests that while there may be temporary optimism, the underlying fundamentals continue to pose significant risks.