Why is Raghav Product. falling/rising?

As of 10-Sep, Raghav Productivity Enhancers Ltd is experiencing a price increase, currently at Rs 676.00, which reflects a change of Rs 18.85 or 2.87% upward. The stock has shown a positive trend today, gaining after two consecutive days of decline and opening with a 2.07% increase. It reached an intraday high of Rs 683.6, marking a 4.02% rise. Over the past week, the stock has outperformed the sector by 1.96% and has generated a return of 8.73% over the last month. The company has consistently reported positive results, with a 40.89% growth in net profit and strong performance metrics, including a highest return on capital employed (ROCE) of 24.19%. However, it is important to note that there has been a significant decline in investor participation, with delivery volume dropping by 69.19% compared to the five-day average.
In the broader market context, Raghav Productivity Enhancers Ltd has outperformed the Sensex in the short term, with a 7.56% return over the past week compared to the benchmark's 1.06%. Despite a year-to-date decline of 4.25% against the Sensex's gain of 4.21%, the stock has shown resilience with a 13.15% return over the past year, significantly outperforming the benchmark. The stock's strong historical performance over three years, with a remarkable 361.12% return, indicates a solid long-term growth trajectory, further supporting its current upward movement.