Why is Raymond Lifestyl falling/rising?

As of 10-Jul, Raymond Lifestyle Ltd is currently priced at 1,321.40, reflecting a slight increase of 1.35 (0.1%). The stock has shown a strong performance recently, with a 6.58% increase over the past week and a notable 19.50% rise over the last month, outperforming the Sensex, which has seen a marginal decline of 0.06% in the same week. Today, the stock opened with a gain of 2.04% and reached an intraday high of Rs 1346.95. However, despite this positive movement, the company faces significant challenges, including a -78.79% CAGR growth in operating profits over the last five years and negative results in the last two quarters, which have contributed to a decline in net sales by -14.71%. Additionally, 26.17% of promoter shares are pledged, which can exert downward pressure on the stock in a falling market.
Broader Market Context: In the short term, Raymond Lifestyle Ltd has outperformed the benchmark Sensex, which has only increased by 0.97% over the past month. This indicates that while the stock is experiencing a rise in price, it is doing so against a backdrop of broader market stability. However, the significant long-term weaknesses in the company's fundamentals, such as low profitability and a substantial drop in operating profits, suggest that the stock's recent gains may not be sustainable without improvements in its financial health. The falling investor participation, as indicated by a -13.6% drop in delivery volume, further complicates the outlook for the stock, highlighting potential concerns among investors despite its recent price increase.