Why is Royal Cush. Vin. falling/rising?

As of 22-Sep, Royal Cushion Vinyl Products Ltd is experiencing a price increase, currently at 23.28, reflecting a change of 0.33 or 1.44% upward. Today's price summary indicates that the stock has outperformed its sector by 2.14%, although it is trading higher than its 5-day and 20-day moving averages but lower than its longer-term moving averages (50-day, 100-day, and 200-day). Despite this positive movement, the stock has a concerning backdrop, including a negative book value and weak long-term fundamental strength, with net sales growing at only 4.71% annually over the past five years. Additionally, the company has a high debt-to-equity ratio and reported a significant drop in profit after tax, which fell by 133.3% in the latest quarter.
Broader market context shows that while the stock has outperformed the benchmark Sensex in the short term, with a 1-week return of 1.66% compared to the Sensex's 0.46%, it has significantly underperformed over the longer term, with a year-to-date decline of 19.59% against the Sensex's gain of 5.15%. The stock's performance is further complicated by a high percentage of pledged promoter shares, which can exert additional downward pressure in a falling market. Overall, despite the recent uptick in price, the underlying fundamentals and market conditions suggest a challenging environment for Royal Cushion Vinyl Products Ltd.