Why is Radhika Jeweltec falling/rising?

As of 22-Sep, Radhika Jeweltech Ltd is currently priced at 92.91, reflecting a decrease of 1.03, or 1.1%. The stock has underperformed its sector by 0.7% today, and while it is trading above its 5-day and 100-day moving averages, it is below its 20-day, 50-day, and 200-day moving averages. The stock has shown a mixed performance over various periods, with a 1-week return of +0.86% compared to the Sensex's +0.46%, but a significant decline of -6.17% over the past month against the benchmark's +1.05%. Despite a low debt-to-equity ratio and positive financial metrics such as a high return on capital employed and a strong debtors turnover ratio, the stock's year-to-date return is down by -7.51%, and it has experienced a notable drop of -23.88% over the past year.
Broader market context indicates that while Radhika Jeweltech has outperformed the Sensex in the short term, its longer-term performance has been considerably weaker. The stock's liquidity appears adequate for trading, but a decline in investor participation, evidenced by a 12.13% drop in delivery volume, may be contributing to the downward price movement. Overall, the stock's recent performance reflects a combination of strong financial fundamentals and significant market challenges, leading to its current decline in price.