Why is Rainbow Foundat. falling/rising?

As of 22-Aug, Rainbow Foundations Ltd is experiencing a decline in its stock price, currently at 113.35, which reflects a decrease of 2.3 or 1.99%. The stock has been underperforming, having fallen consecutively for the last six days, resulting in a total drop of 11.38% during this period. Additionally, the stock's performance today has underperformed its sector by 1.43%. Despite a remarkable year-to-date return of 244.32% and a one-year return of 308.47%, the company faces challenges such as high debt levels and weak long-term fundamental strength, with a debt-to-equity ratio of 5.42 times and a low return on equity of 3.24%. Furthermore, the recent quarterly results showed a significant decline in profit after tax, which has likely contributed to the negative sentiment surrounding the stock.
In the broader market context, the stock's short-term performance has been notably poor compared to the benchmark, with a one-week return of -9.57% against the Sensex's gain of 0.88%. While the stock has outperformed the BSE500 over the long term, the recent trends indicate a lack of investor confidence, as evidenced by a drastic drop in delivery volume by 98.31% compared to the five-day average. This decline in investor participation, coupled with the company's high debt and flat quarterly results, suggests that market participants may be reassessing the stock's valuation and future prospects, leading to its current downward trajectory.