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

As of 24-Jul, Shree Rajasthan Syntex Ltd's stock price is currently at 12.53, reflecting an increase of 0.53 or 4.42%. The stock has shown a positive trend recently, gaining for the last three days and achieving a total return of 11.08% during this period. Despite this recent uptick, the company has reported operating losses and negative results for the last three consecutive quarters, which raises concerns about its long-term viability. The stock has a poor long-term growth outlook, with net sales declining at an annual rate of -28.11% and operating profit decreasing by -31.69% over the past five years. Furthermore, the company has a high debt-to-EBITDA ratio, indicating low ability to service its debt, which could negatively impact investor sentiment.
In the broader market context, the stock has outperformed the Sensex by 4.4% today, while the Sensex itself has shown a slight decline of -0.09% over the past week. However, the stock's year-to-date performance is concerning, with a decline of -27.19% compared to the Sensex's increase of 5.18%. This disparity highlights the stock's volatility and the challenges it faces despite recent short-term gains. Additionally, the falling investor participation, as indicated by a significant drop in delivery volume, suggests that while there may be some short-term interest, long-term confidence in the stock remains shaky due to its underlying financial issues.