Why is Raghav Product. falling/rising?

As of 21-Jul, Raghav Productivity Enhancers Ltd is experiencing a decline in its stock price, currently at Rs 671.50, which represents a decrease of Rs 28.4 or 4.06%. The stock has underperformed its sector by 4.04% today and has been on a downward trend for the last two days, accumulating a total loss of 4.9% during this period. Despite reaching an intraday high of Rs 714, it also touched a low of Rs 643.85, indicating significant volatility with a wide trading range of Rs 70.15. Over the past week and month, the stock has shown negative returns of 1.60% and 4.67%, respectively, while year-to-date, it has declined by 4.89%. However, it has demonstrated strong performance over the past year and three years, with returns of 53.11% and 355.72%, respectively. The company has reported positive financial results, including a 40.89% growth in net profit and consistent returns over the last three years, which may not be enough to offset the recent price decline.
In the broader market context, Raghav Productivity Enhancers Ltd's recent performance contrasts with the benchmark Sensex, which has shown minimal movement, with a decline of only 0.06% over the past week and 0.25% over the past month. This indicates that the stock's short-term struggles are more pronounced compared to the overall market. The falling investor participation, as evidenced by a 43.47% drop in delivery volume, suggests a lack of confidence among investors, further contributing to the stock's downward trajectory. Despite the company's solid financial fundamentals and positive growth indicators, the current market sentiment and recent price movements reflect a challenging environment for the stock.