Why is RACL Geartech falling/rising?

As of 29-Aug, RACL Geartech Ltd's stock price is currently at 897.75, reflecting an increase of 5.45 or 0.61%. The stock has shown a trend reversal, gaining after three consecutive days of decline. However, it is important to note that the stock has experienced a negative return of -7.71% over the past month and -9.97% over the past year, with profits declining by -20%. Despite this, the stock is trading at a discount compared to its peers' average historical valuations, and it has a fair valuation with a return on capital employed (ROCE) of 9.8. The stock's delivery volume has significantly decreased, falling by -76.44% against the 5-day average, indicating reduced investor participation.
In the broader market context, RACL Geartech's short-term performance has been weaker than the benchmark, with a -3.98% return over the past week compared to the Sensex's -1.84%. While the stock has shown some resilience with a year-to-date return of +2.25% compared to the Sensex's +2.14%, the overall sentiment appears cautious due to the recent declines and falling investor interest. The stock's liquidity remains adequate for trading, but the significant drop in delivery volume may suggest a lack of confidence among investors in the short term.