Why is Raymond falling/rising?

As of 18-Jul, Raymond Ltd's stock price is currently at Rs 719.25, reflecting an increase of Rs 22.7 or 3.26%. The stock has outperformed its sector by 4.1% today, reaching an intraday high of Rs 733.55, which is a rise of 5.31%. Over the past week, the stock has shown a return of +3.08%, while its performance over the last month has been even more impressive at +19.52%. However, despite these short-term gains, the stock has experienced significant declines over the longer term, with a year-to-date drop of -57.06% and a one-year return of -67.32%. Positive factors contributing to the recent rise include high management efficiency indicated by a return on equity (ROE) of 25.73% and a favorable valuation with a price-to-book ratio of 1.3. Conversely, the company's weak ability to service its debt, as evidenced by a poor EBIT to interest ratio of 1.85, and declining net sales growth at an annual rate of -14.25% over the last five years, present significant challenges.
Broader market context shows that while Raymond Ltd has outperformed the Sensex in the short term, with a 3.08% gain over the past week compared to the Sensex's decline of -0.90%, the stock's long-term performance remains concerning. The stock's substantial losses over the past year and three years highlight a troubling trend, as it has underperformed the broader market indices during these periods. Despite high institutional holdings at 22.49%, which may provide some stability, the overall negative sentiment surrounding the company's financial health and growth prospects continues to weigh heavily on investor confidence.