Why is R O Jewels falling/rising?

As of 23-Sep, R O Jewels Ltd is experiencing a decline in its stock price, currently at 2.27, reflecting a decrease of 0.02 or 0.87%. The stock has shown mixed performance in recent periods, with a 3.65% increase over the past week, but it has underperformed its sector today by 0.29%. While the stock is trading above its 5-day and 20-day moving averages, it remains below its longer-term moving averages, indicating potential weakness. Despite a significant rise in delivery volume, which increased by 57.22% against the 5-day average, the stock has faced substantial challenges, including a 34.77% decline over the past year and a concerning -85.49% CAGR growth in operating profits over the last five years. The company's financials show a positive trend in net sales and profits, but its weak long-term fundamentals and poor profitability metrics are likely contributing to the current price movement.
In the broader market context, R O Jewels has consistently underperformed against the benchmark, with a notable decline of 34.77% over the past year compared to a 5.07% increase in the broader market. This consistent underperformance over the last three years highlights the stock's struggles relative to the BSE500 index. While the stock's recent positive results in net sales and profits may suggest some potential, the overall weak fundamentals and inability to generate adequate returns on capital employed indicate that investor sentiment remains cautious. The stock's attractive valuation relative to peers may not be enough to offset the negative perceptions stemming from its long-term performance issues.