Why is Radiant Cash falling/rising?

As of 04-Nov, Radiant Cash Management Services Ltd is experiencing a decline in its stock price, currently at Rs 52.20, which reflects a decrease of Rs 1.16 or 2.17%. The stock has shown significant volatility today, trading within a wide range of Rs 5.89, and has underperformed its sector by 1.18%. After two consecutive days of gains, the stock has reversed its trend, opening with an initial gain of 8.49% but subsequently falling to an intraday low of Rs 52. The stock's performance over the past month shows a decline of 5.47%, and year-to-date, it has dropped by 30.83%, indicating a persistent downward trend compared to the benchmark Sensex, which has gained 6.81% during the same period. Additionally, investor participation appears to be waning, as delivery volume has decreased significantly by 39.94% against the 5-day average.
Broader Market Context: In the context of the broader market, Radiant Cash's recent performance contrasts sharply with the Sensex, which has shown resilience and growth. The stock's short-term return of -1.38% over the past week mirrors the benchmark's performance, suggesting that the decline is not isolated but rather reflective of broader market sentiments. The high dividend yield of 4.72% may provide some support to the stock, but the overall negative momentum, characterized by trading below all major moving averages and high volatility, indicates that investor confidence is low. This combination of factors contributes to the stock's current downward trajectory.