Why is RSD Finance falling/rising?

As of 14-Jul, RSD Finance Ltd is experiencing a rise in its stock price, currently at 100.05, reflecting an increase of 2.05 or 2.09%. Today, the stock opened with a significant gain of 6.02% and reached an intraday high of Rs 105, outperforming its sector by 2.01%. However, despite this positive movement, the stock has shown a poor performance over the past year, with a return of -51.92%. The company has a relatively attractive valuation with a Price to Book Value of 0.6 and a Return on Equity (ROE) of 6.3, but it has also faced challenges, including a substantial decline in profits by -5.4% and a significant drop in PAT for the last quarter by -90.3%.
In the broader market context, RSD Finance's short-term performance contrasts with the benchmark, as it has underperformed the Sensex over various periods, including a -5.12% return over the past week compared to the Sensex's -1.42%. This indicates that while the stock is currently rising, it is still struggling to regain momentum in the long term, as evidenced by its underperformance against the BSE500 over the past three years and one year. The stock's liquidity appears sufficient for trading, but the overall weak long-term fundamentals and negative financial results suggest caution for investors.