Why is Radhika Jeweltec falling/rising?

As of 01-Sep, Radhika Jeweltech Ltd's stock price is currently at 93.49, reflecting an increase of 0.39 or 0.42%. The stock has recently shown a trend reversal, gaining after five consecutive days of decline. Despite this uptick, the stock has underperformed in the short term, with a 1-week return of -4.09% and a 1-month return of -2.63%. However, it has outperformed its sector by 0.56% today. The company's financial metrics are promising, with a low debt-to-equity ratio of 0.10 and strong performance indicators such as a return on capital employed (ROCE) of 24.03% and a significant increase in profits over the past year, despite the stock's overall decline of -9.41%.
In the broader market context, the Sensex has also experienced a decline, albeit less severe, with a 1-week return of -1.56% and a 1-month return of -0.29%. This suggests that while Radhika Jeweltech Ltd is facing challenges, it is not alone in this downturn. The stock's liquidity remains adequate for trading, but there has been a notable decrease in investor participation, with delivery volume falling by 36.94% compared to the 5-day average. Overall, while the stock has shown some positive movements today, its recent performance and broader market conditions indicate a cautious outlook.