Why is Rain Industries falling/rising?

As of 19-Sep, Rain Industries Ltd is currently priced at 138.75, reflecting a decrease of 0.3, or 0.22%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 0.54% during this period. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past month, the stock has seen a significant decline of 11.17%, while its year-to-date performance shows a drop of 17.90%. Despite some positive results in recent quarters, including a notable increase in net sales and operating profit, the stock's long-term fundamentals are weak, evidenced by a negative CAGR growth in operating profits and a high Debt to EBITDA ratio, which raises concerns about its ability to service debt.
In the broader market context, Rain Industries' recent performance contrasts sharply with the benchmark Sensex, which has gained 0.88% over the past week and 5.74% year-to-date. The stock's underperformance is further highlighted by its returns over the last year, which stand at -20.28%, compared to a slight decline of 0.67% for the Sensex. While there has been an increase in institutional investor participation, indicating some confidence in the stock's valuation, the consistent underperformance against the benchmark over the last three years suggests that investor sentiment remains cautious. Overall, the combination of weak long-term fundamentals and recent price movements has contributed to the stock's decline.