Why is RattanIndia Ent falling/rising?

As of 29-Aug, RattanIndia Enterprises Ltd is experiencing a price increase, currently at 61.30, with a change of 0.74, representing a rise of 1.22%. The stock has shown strong performance recently, gaining 16.36% over the past week and outperforming its sector by 1.05% today. It has been on a consecutive gain streak for four days, and it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. However, despite this short-term positive momentum, the company faces significant long-term challenges, including a drastic decline in operating profit over the past five years and negative earnings before interest, taxes, depreciation, and amortization (EBITDA). Additionally, the stock has underperformed the market over the last year, with a return of -22.47% compared to the broader market's decline.
In the broader market context, RattanIndia Enterprises Ltd's recent performance contrasts sharply with the benchmark, as the stock has gained 16.36% in the last week while the Sensex has fallen by 1.84%. This indicates a strong short-term recovery relative to the market. However, the company's long-term outlook remains concerning, as evidenced by its poor financial results, including a significant drop in profit before tax and net sales in the latest quarter. The limited interest from domestic mutual funds, holding only 0.47% of the company, suggests a lack of confidence in the stock's valuation and future growth potential, which could weigh on its performance moving forward.