Why is Radiant Cash falling/rising?

As of 29-Aug, Radiant Cash Management Services Ltd is experiencing a price increase, currently at 59.88, reflecting a rise of 0.96 or 1.63%. The stock has outperformed its sector today by 2.31% and has shown consecutive gains over the last two days, with a total return of 1.66% during this period. Despite a year-to-date decline of 20.66%, the stock has performed better than the benchmark in the short term, with a 5.09% increase over the past month compared to a 1.88% drop in the Sensex. The company boasts a high dividend yield of 4.24% and a strong return on equity (ROE) of 17.03%, indicating attractive valuation metrics. However, there are concerns regarding falling investor participation, as delivery volume has decreased by 18.41% against the five-day average.
In the broader market context, while Radiant Cash has shown positive short-term performance, it has significantly underperformed the benchmark over the longer term, with a one-year return of -28.66% compared to a 2.14% gain in the Sensex. Additionally, institutional investors have reduced their stake in the company by 6.86%, which may indicate a lack of confidence in its long-term growth potential. The company's operating profit has declined at an annual rate of -17.23% over the past five years, and recent quarterly results have shown substantial declines in profit before tax, profit after tax, and net sales. These factors contribute to a mixed outlook for the stock, balancing short-term gains against long-term challenges.