Why is Radiant Cash falling/rising?

As of 02-Sep, Radiant Cash Management Services Ltd is experiencing a decline in its stock price, currently at 58.04, reflecting a decrease of 3.47 or 5.64%. The stock has underperformed its sector by 5.71% today and opened with a significant loss of 7.62%. It has touched an intraday low of Rs 56.56, marking an 8.05% drop. Over the past week, the stock has decreased by 1.46%, and its year-to-date performance shows a substantial decline of 23.10%. Despite a high management efficiency indicated by a 17.03% return on equity and a low debt-to-equity ratio, the stock's poor long-term growth, with an annual operating profit decline of 17.23% over the last five years, has negatively impacted investor sentiment. Additionally, recent negative quarterly results, including a 60.6% drop in profit before tax, have contributed to the stock's downward trend.
In the broader market context, the stock's short-term performance has been worse than the benchmark, with the Sensex showing a decline of only 0.78% over the past week. The stock's significant underperformance relative to the benchmark and the BSE500 over various time frames, coupled with a decrease in institutional investor participation by 6.86%, suggests a lack of confidence among larger investors. This decline in institutional interest, combined with the company's negative financial results and overall poor performance in both the near and long term, has led to a bearish outlook for Radiant Cash, further driving its stock price down.