Why is Radhika Jeweltec falling/rising?

As of 14-Aug, Radhika Jeweltech Ltd is currently priced at 92.00, reflecting a decrease of 2.2, or 2.34%. The stock has been underperforming recently, having fallen consecutively for the last three days, resulting in a total decline of 6.12% during this period. Today's trading saw the stock reach an intraday low of Rs 90.5, indicating significant selling pressure. Additionally, the stock's delivery volume has decreased by 43.44% compared to its five-day average, suggesting a drop in investor participation. Despite these short-term challenges, the company has demonstrated strong financial metrics, including a high return on capital employed (ROCE) of 24.03% and a low debt-to-equity ratio of 0.10, which may provide some support for its valuation.
In the broader market context, Radhika Jeweltech's recent performance contrasts with the Sensex, which has remained relatively stable with a change of just -0.03% over the past week. While the stock has shown a positive return of 31.88% over the past year, its year-to-date performance is down 8.41%, indicating a significant divergence from the benchmark's 3.15% gain. This underperformance in the short term, coupled with declining trading volumes and consecutive price drops, suggests that investor sentiment may be cautious despite the company's strong long-term returns and financial health.