Why is Raymond Lifestyl falling/rising?

As of 25-Aug, Raymond Lifestyle Ltd's stock price is currently at 1,180.00, reflecting an increase of 26.9 points or 2.33%. Today's price summary indicates that the stock has outperformed its sector by 2.96% and has experienced a trend reversal after two consecutive days of decline. Despite opening with a loss of 2.16%, the stock reached an intraday high of Rs 1,230.25, showcasing volatility. Over the past week, the stock has gained 8.49%, significantly outperforming the Sensex, which only increased by 0.45%. However, the company has shown weak long-term fundamental strength, with a -78.79% CAGR growth in operating profits over the last five years and negative results for the last three consecutive quarters, which may contribute to investor caution.
Broader market context shows that while Raymond Lifestyle Ltd has performed well in the short term, its year-to-date performance remains concerning with a decline of 44.07%, contrasting sharply with the Sensex's gain of 4.48% over the same period. The stock's recent rise can be partially attributed to increased promoter confidence, as they have raised their stake by 1.46%, indicating a belief in the company's future potential. However, the falling investor participation, evidenced by a significant drop in delivery volume, suggests that market sentiment may still be cautious despite the recent uptick in price.