Why is Royal Cush. Vin. falling/rising?

As of 23-Sep, Royal Cushion Vinyl Products Ltd is experiencing a price increase, currently at 23.77, reflecting a change of 0.49 or 2.1% upward. The stock has shown a positive performance today, outperforming its sector by 3.35% and has been gaining for the last two days, with a total return of 3.57% during this period. However, despite these short-term gains, the company faces significant challenges, including a negative book value and a weak long-term fundamental strength, as evidenced by poor growth in net sales and operating profit over the last five years. Additionally, the stock has a high debt-to-equity ratio and has reported a negative EBITDA, indicating financial instability. The recent performance metrics, including a substantial fall in PAT and low debtor turnover ratio, further contribute to a cautious outlook on the stock.
In the broader market context, the stock's short-term return of 3.39% over the past week contrasts sharply with the Sensex, which has declined by 0.34%. While the stock has shown some resilience in the short term, it has underperformed the market significantly over the last year, with a return of -26.86% compared to the Sensex's -3.33%. This underperformance, coupled with the high percentage of pledged promoter shares, adds to the downward pressure on the stock, suggesting that while there may be short-term gains, the overall long-term outlook remains precarious.