Why is RCI Industries falling/rising?

As of 10-Jul, RCI Industries & Technologies Ltd is experiencing a price increase, currently at 6.64, reflecting a change of 0.06 or 0.91% upward. The stock has shown strong performance recently, gaining 16.49% over the past week and 24.34% over the last month, significantly outperforming the Sensex, which has seen a slight decline of 0.06% in the same week. Despite this positive short-term performance, the stock has been characterized by erratic trading, with a notable drop in delivery volume, indicating a potential decline in investor participation. Additionally, the company has not declared results in the last six months and has reported negative results for the last 13 consecutive quarters, which raises concerns about its long-term fundamental strength.
In the broader market context, RCI Industries has outperformed the benchmark significantly over the past year, generating a return of 29.69% compared to the Sensex's 4.09%. However, the stock's long-term outlook appears risky due to its lack of recent financial disclosures and declining sales figures. While it has been trading above its moving averages, the substantial drop in delivery volume and the absence of positive earnings reports could lead to caution among investors, despite its recent gains.