Why is RACL Geartech falling/rising?

As of 25-Aug, RACL Geartech Ltd's stock price is currently at 919.60, reflecting a decrease of 15.4 points or 1.65%. Today's price summary indicates that the stock has underperformed its sector by 1.42% and has experienced a trend reversal, falling after two consecutive days of gains. The stock opened with a loss of 2.33% today, reaching an intraday high of Rs 954 and a low of Rs 909.6. Over the past week, the stock has shown a positive return of 12.56%, but it has declined by 7.20% over the past month. Despite a year-to-date increase of 4.74%, the stock has generated a negative return of 16.09% over the past year, coinciding with a 20% drop in profits. The stock is currently trading at a discount compared to its peers, which may suggest a fair valuation, but the falling investor participation and lower delivery volume indicate a lack of confidence among investors.
In the broader market context, RACL Geartech's recent performance contrasts with the Sensex, which has only increased by 0.45% over the past week. While the stock has outperformed the benchmark in the short term, its longer-term performance shows a significant decline compared to the Sensex's 0.68% increase over the past year. This divergence highlights the challenges RACL Geartech faces, particularly in light of its declining profits and reduced investor interest, which may be contributing to the stock's current downward movement.