Why is Raghunath Intl. falling/rising?

As of 02-Sep, Raghunath International Ltd's stock price is currently at 13.65, reflecting a decline of 0.22, or 1.59%. The stock has been underperforming, having lost 11.59% over the last five days and is currently lower than its 5-day, 20-day, and 200-day moving averages. Despite a positive delivery volume increase of 121.2% against the 5-day average, the stock's performance today has underperformed its sector by 2.64%. Over the past year, the stock has shown a modest gain of 3.33%, but year-to-date, it has declined by 23.27%, indicating significant volatility and challenges in maintaining upward momentum.
Broader Market Context: In comparison to the benchmark Sensex, which has seen a slight decline of 0.78% over the past week, Raghunath International Ltd's stock has dropped by 7.77%, indicating a more pronounced weakness. The stock's year-to-date performance is notably worse than the Sensex's gain of 2.58%, further highlighting the difficulties faced by the company in the current market environment. Overall, the combination of recent consecutive losses and underperformance relative to both the sector and the benchmark suggests that investor sentiment remains cautious regarding Raghunath International Ltd.