Why is Radhika Jeweltec falling/rising?

As of 03-Sep, Radhika Jeweltech Ltd is experiencing a decline in its stock price, currently at 93.50, reflecting a decrease of 0.32 or 0.34%. The stock has underperformed its sector by 2.23% today and has fallen after two consecutive days of gains. In terms of performance over various periods, the stock has seen a 2.09% decline over the past week and a 2.62% drop over the past month, while it has a year-to-date decrease of 6.92%. Despite positive financial indicators such as a high return on capital employed (ROCE) of 24.03% and a significant increase in profits by 28.4% over the past year, the stock is trading at a premium compared to its peers, which may deter some investors. Additionally, the low domestic mutual fund ownership at 0% suggests a lack of confidence in the stock's current valuation.
In the broader market context, the Sensex has only slightly declined by 0.27% over the past week and 0.04% over the past month, indicating that the overall market is relatively stable compared to Radhika Jeweltech's performance. The stock's recent underperformance, coupled with a decrease in investor participation—evidenced by a 19.21% drop in delivery volume—highlights a growing concern among investors. While the stock has shown impressive long-term returns, including a 2996.03% increase over five years, its current trajectory contrasts sharply with the benchmark's modest gains, suggesting that investor sentiment may be shifting negatively despite the company's solid financial fundamentals.