Why is RattanIndia Ent falling/rising?

As of 01-Sep, RattanIndia Enterprises Ltd is currently priced at 61.34, reflecting a slight increase of 0.04 (0.07%). The stock has shown a strong performance over the past five days, gaining 16.44%, and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. However, despite this recent uptick, the company faces significant challenges, including a poor long-term growth outlook with an annual operating profit decline of -383.67% over the last five years. Recent quarterly results have also been disappointing, with a -41.24% drop in profit before tax and a -41.0% decrease in profit after tax. Additionally, the stock has underperformed the market over the past year, with a return of -23.05% compared to the broader market's -2.43%.
In the broader market context, RattanIndia Enterprises Ltd has outperformed the Sensex in the short term, with a 1-week return of +16.13% against the benchmark's -1.56%. However, the stock's long-term performance remains concerning, as it has generated a negative return of -3.98% year-to-date, while the Sensex has increased by 2.85%. The low stake held by domestic mutual funds at only 0.47% suggests a lack of confidence in the company's future prospects, which may further impact investor sentiment. Despite the recent gains, the overall negative trends in profitability and market performance indicate that the stock's rise may be limited in sustainability.