Why is Raghuvir Synth falling/rising?

As of 29-Oct, Raghuvir Synthetics Ltd's stock price is currently at Rs. 108.15, reflecting a decrease of Rs. 2.25 or 2.04%. The stock has recently hit a new 52-week low of Rs. 107.25 and has been on a downward trend, having fallen consecutively for the last two days with a total decline of 9.27%. Additionally, the stock has underperformed its sector by 2.93% today. Over the past week and month, the stock has experienced a significant decline of 9.99%, while year-to-date, it is down 32.99%. Despite opening with a gain of 3.22% today and reaching an intraday high of Rs. 113.95, the overall performance has been weak, as it is trading below all key moving averages. The recent increase in delivery volume by 369.33% against the 5-day average indicates rising investor participation, but this has not translated into positive price movement.
In the broader market context, Raghuvir Synthetics Ltd's performance contrasts sharply with the Sensex, which has gained 0.68% over the past week and 5.76% over the past month. The stock's year-to-date decline of 32.99% is significantly worse than the Sensex's gain of 8.78% during the same period. This underperformance suggests that while the overall market is experiencing growth, Raghuvir Synthetics Ltd is struggling to attract investor confidence, leading to its continued decline in stock price.