Why is Rain Industries falling/rising?

As of 11-Aug, Rain Industries Ltd is currently priced at Rs 158.00, experiencing a decline of Rs 2.35, which represents a decrease of 1.47%. The stock has been under pressure recently, having fallen consecutively for the last two days, resulting in a total drop of 3.3%. Despite this, the stock has outperformed its sector by 0.26% today and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, Rain Industries has shown a positive return of 1.77%, while its one-month performance is up by 8.22%. Positive factors contributing to the stock's valuation include strong operating profit to interest ratios, record net sales, and a significant increase in profits over the past year, which have risen by 70.9%. Additionally, institutional investors have increased their stake, indicating growing confidence in the company's fundamentals.
In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has declined by 0.51% over the past week. While Rain Industries has shown resilience in the short term, its year-to-date performance remains negative at -6.51%, in stark contrast to the Sensex's positive return of 3.15%. The falling investor participation, with a significant drop in delivery volume, may also be a concern, suggesting a potential lack of retail interest despite the positive institutional backing. Overall, while there are strong fundamentals supporting the stock, the recent price decline reflects a combination of short-term selling pressure and broader market trends.