Why is Royal Cush. Vin. falling/rising?

As of 18-Sep, Royal Cushion Vinyl Products Ltd is currently priced at 23.00, reflecting an increase of 0.37 or 1.63%. Despite this positive movement today, the stock has underperformed in the longer term, with a year-to-date decline of 20.55% and a one-year drop of 28.15%. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend overall. However, there has been a notable increase in investor participation, with delivery volume rising by 93.1% against the 5-day average. The company's financial health is concerning, as it has a negative book value and high debt levels, which contribute to its weak long-term growth prospects. Additionally, the stock is considered risky due to negative EBITDA and a significant drop in profits over the past year.
In the broader market context, the Sensex has shown a positive return of 1.80% over the past week, contrasting with Royal Cushion's decline of 0.56% during the same period. This underperformance is further highlighted by the stock's negative returns compared to the market, with a one-year return of -28.15% against the BSE500's -1.96%. The high percentage of pledged promoter shares, at 76.52%, adds to the downward pressure on the stock, particularly in a falling market. Overall, while there is a slight uptick in price today, the stock's long-term fundamentals and recent performance relative to the market suggest ongoing challenges.