Why is Raymond Lifestyl falling/rising?

As of 23-Sep, Raymond Lifestyle Ltd's stock price is currently at 1,265.60, reflecting an increase of 12.4 points or 0.99%. The stock has shown a trend reversal after four consecutive days of decline, outperforming its sector by 1.61% today. However, it has experienced a significant drop of 4.81% over the past week and a staggering 48.13% decline over the past year. Despite the recent uptick, the company has reported negative results for the last three consecutive quarters, with a notable decrease in both profit before tax and profit after tax. On a positive note, promoter confidence has risen, with an increase in their stake by 1.46%, indicating a belief in the company's future potential.
In the broader market context, the Sensex has shown a slight decline of 0.34% over the past week, while Raymond Lifestyle's performance has been significantly worse, reflecting a negative return of 4.81%. Although the stock has outperformed the sector today, its year-to-date performance remains concerning, with a decline of 40.01% compared to a 5.07% increase in the benchmark. The stock's liquidity appears sufficient for trading, but the falling investor participation, as indicated by a 9.7% drop in delivery volume, raises concerns about sustained interest in the stock. Overall, while there are some positive indicators, the long-term fundamentals and recent performance suggest a challenging environment for Raymond Lifestyle Ltd.