Why is R R Kabel falling/rising?

As of 24-Jul, R R Kabel Ltd's stock price is currently at 1,446.40, reflecting a decline of 15.6 points or 1.07%. The stock has experienced a trend reversal, falling after two consecutive days of gains. Despite this recent drop, R R Kabel is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend over a longer period. However, the stock's delivery volume has decreased significantly, falling by 44.73% compared to the 5-day average, which suggests a decline in investor participation. Over the past year, the stock has underperformed, generating a return of -17.09%, while the company's profits have increased by 4%, indicating some underlying strength despite the price decline.
In the broader market context, R R Kabel's short-term performance of -0.93% over the past week contrasts with the Sensex, which has only declined by 0.09%. This indicates that while the stock is facing challenges, it is not alone in a declining market. The company's healthy long-term growth, with net sales increasing at an annual rate of 20.20%, and a low debt-to-equity ratio, suggest potential for recovery. However, the consistent underperformance against the benchmark over the last three years raises concerns for investors. High institutional holdings at 22.2% may provide some stability, as these investors typically have better resources to analyze the company's fundamentals.