Why is Sh. Rajas. Synt. falling/rising?

As of 23-Jul, Shree Rajasthan Syntex Ltd is experiencing a price increase, currently at 12.00, reflecting a change of 0.16 or 1.35% upward. The stock has shown a positive trend recently, gaining 6.38% over the last two days, although it remains below its longer-term moving averages. In the past week, the stock has outperformed the benchmark Sensex, with a return of +3.81% compared to the Sensex's +0.11%. However, the stock has faced significant challenges, including operating losses and a weak long-term fundamental strength, as evidenced by a decline in net sales and operating profit over the last five years. Additionally, the company has reported negative results for the last three consecutive quarters, which has contributed to a perception of risk among investors.
In the broader market context, while Shree Rajasthan Syntex Ltd has shown a positive short-term return, it has underperformed significantly on a year-to-date basis, with a decline of -30.27% compared to the Sensex's gain of +5.87%. The stock's recent performance is somewhat isolated, as it has been gaining despite a notable drop in investor participation, with delivery volume falling by 58.16% against the five-day average. This suggests that while the stock may be experiencing a temporary rise, underlying issues such as poor financial performance and high debt levels continue to pose risks, indicating a complex situation for potential investors.