Why is Radhika Jeweltec falling/rising?

As of 26-Aug, Radhika Jeweltech Ltd's stock price is currently at Rs 95.50, reflecting a decrease of Rs 1.98 or 2.03%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 4.4% during this period. Although it opened the day with a gain of 2.47% and reached an intraday high of Rs 99.89, it also experienced a low of Rs 94.74. The stock's performance over the past week shows a slight increase of 0.36%, but it has underperformed the sector by 0.42%. Additionally, the stock has seen a decline of 4.05% over the past month and a significant drop of 10.10% over the past year, despite a 28.4% increase in profits during that time. The company's low debt-to-equity ratio and strong financial metrics, such as a high return on capital employed, suggest it has a fair valuation, yet the stock is trading at a premium compared to its peers.
In the broader market context, Radhika Jeweltech's recent performance contrasts with the Sensex, which has seen a decline of 1.05% over the past week and a smaller drop of 0.83% over the past month. While the stock has shown strong long-term returns, with a 182.46% increase over three years and an impressive 2708.82% rise over five years, its short-term performance indicates a struggle against both sector trends and investor participation, which has decreased recently. The stock's liquidity remains adequate for trading, but the falling delivery volume suggests waning investor interest, contributing to the recent price decline.