Why is Raghav Product. falling/rising?

As of 22-Jul, Raghav Productivity Enhancers Ltd is experiencing a decline in its stock price, currently at 666.80, which reflects a decrease of 4.7 points or 0.7%. The stock has been underperforming recently, having fallen consecutively for the last three days, resulting in a total decline of 5.57% during this period. Although the stock opened with a gain of 2.76% today and reached an intraday high of Rs 716.25, it ultimately closed lower. Over the past week, the stock has decreased by 4.91%, and over the past month, it has dropped by 5.34%. Despite these short-term declines, the company has shown strong performance over the longer term, with a 51.60% increase in the past year and a staggering 330.99% rise over the last three years. The company has also reported positive financial results, including a 40.89% growth in net profit and consistent positive results over the last five quarters, which suggests underlying strength.
In the broader market context, Raghav Productivity Enhancers Ltd's recent performance contrasts with the benchmark Sensex, which has only declined by 0.47% over the past week and 0.27% over the past month. This indicates that the stock's short-term struggles are more pronounced than the overall market trend. While the stock has shown strong historical returns, its recent performance has been hindered by short-term volatility and underperformance relative to its sector. The rising investor participation, as indicated by a significant increase in delivery volume, may suggest that some investors see potential in the stock despite its recent declines. However, the overall market sentiment and the stock's recent consecutive falls contribute to its current downward trajectory.