Why is Raymond Lifestyl falling/rising?

As of 08-Jul, Raymond Lifestyle Ltd's stock price is currently at 1,324.55, reflecting an increase of 74.55, or 5.96%. The stock has shown a strong performance today, outperforming its sector by 4.13% and reaching an intraday high of Rs 1365.2, which is a 9.22% increase. Over the past week, the stock has risen by 3.16%, and over the past month, it has surged by 26.13%. However, despite this recent uptick, the company faces significant challenges, including a -14.71% decline in net sales and negative results for the last two consecutive quarters. The company's long-term fundamentals are weak, with a -78.79% CAGR growth in operating profits over the last five years and a low return on equity of 5.73%. Additionally, 26.17% of promoter shares are pledged, which can exert downward pressure on the stock in a falling market.
In the broader market context, the Sensex has only increased by 0.02% over the past week, indicating that Raymond Lifestyle Ltd's short-term performance is significantly stronger than the benchmark. However, the stock's year-to-date performance remains concerning, with a decline of -37.22% compared to the Sensex's gain of 7.13%. This disparity highlights the stock's volatility and the impact of its underlying financial issues, despite the recent price increase. The falling investor participation, with a -73.52% drop in delivery volume compared to the five-day average, further suggests caution among investors, which could affect future price movements.