Why is Raghav Product. falling/rising?

As of 24-Sep, Raghav Productivity Enhancers Ltd is experiencing a decline in its stock price, currently at Rs 681.30, which reflects a decrease of Rs 1.4 or 0.21%. Today's price summary indicates that the stock opened with a significant loss of 6.84% and reached an intraday low of Rs 636. The stock has also seen a drop in investor participation, with delivery volume falling by 61.38% compared to the 5-day average. Despite these short-term challenges, the company has shown strong performance over the past year, generating a return of 28.55% and consistently outperforming the BSE500 over the last three years. The company has reported positive financial results, including a 40.89% growth in net profit and strong return metrics, which suggest a solid underlying business despite the recent price drop.
In the broader market context, Raghav Productivity Enhancers Ltd's short-term performance has been slightly better than the benchmark, with a 1-week return of -0.97% compared to the Sensex's -1.18%. However, the stock's year-to-date performance shows a decline of 3.50%, contrasting with the Sensex's gain of 4.58%. This indicates that while the stock has had strong long-term returns, its recent performance has been affected by broader market trends and a notable drop in trading activity, which may be contributing to the current price decline.