Why is Raymond Lifestyl falling/rising?

As of 03-Sep, Raymond Lifestyle Ltd's stock price is currently at 1,243.30, reflecting an increase of 51.3 points or 4.3%. The stock has shown strong performance recently, gaining 12.28% over the last three days and outperforming its sector by 3.35% today. It reached an intraday high of Rs 1280, indicating positive momentum. Additionally, the stock has seen a significant rise in investor participation, with delivery volume increasing by 148.24% compared to the five-day average. However, despite these short-term gains, the company faces challenges, including a weak long-term fundamental outlook with a -78.79% CAGR growth in operating profits over the last five years and negative results for the last three consecutive quarters.
In the broader market context, Raymond Lifestyle Ltd has outperformed the Sensex in the short term, with a 7.71% increase over the past week compared to a slight decline of 0.27% in the benchmark index. While the stock is experiencing a positive trend, it is essential to note that the company has declared negative results, including a significant drop in profit before tax and profit after tax, which raises concerns about its long-term viability. The increase in promoter stake by 1.46% signals confidence in the company's future, but the overall weak financial performance may temper investor enthusiasm moving forward.