Why is Rain Industries falling/rising?

As of 31-Jul, Rain Industries Ltd is currently priced at 156.80, reflecting a decrease of 0.2, or 0.13%. The stock has shown a performance today that outperformed its sector by 0.53%, although it has experienced a trend reversal after two consecutive days of gains. Despite trading above its moving averages across various time frames, there has been a notable decline in investor participation, with delivery volume dropping by 58.33% compared to the 5-day average. Over the past year, the stock has generated a return of -9.89%, while profits have increased by 53.2%. However, the company faces challenges with a weak long-term fundamental strength, evidenced by a -11.80% CAGR growth in operating profits over the last five years and a high Debt to EBITDA ratio of 4.05 times.
In the broader market context, Rain Industries has underperformed against the benchmark, with a 1-week return of -2.46% compared to the Sensex's -1.22%. While the stock has shown a positive return of 6.23% over the past month, it has still lagged behind the benchmark's performance year-to-date, where it has dropped 7.22% against the Sensex's gain of 3.90%. The increasing participation of institutional investors, who have raised their stake by 0.82% in the last quarter, may provide some support; however, the overall consistent underperformance against the benchmark over the last three years raises concerns about its long-term viability.