Why is Rainbow Foundat. falling/rising?

As of 06-Nov, Rainbow Foundations Ltd is experiencing a decline in its stock price, currently at Rs 67.70, which represents a decrease of 3.19 or 4.5%. The stock has been underperforming, having fallen for the last three days with a cumulative loss of 7.31%. Today, it opened with a significant loss of 3.92% and reached an intraday low of Rs 67.35. Additionally, the stock's performance over the past week shows a decline of 6.59%, while its one-month return is down by 18.66%. Notably, the delivery volume has decreased sharply by 68.41% compared to the five-day average, indicating falling investor participation. The stock is trading above its 200-day moving average but below its shorter-term moving averages, suggesting mixed technical signals.
In the broader market context, the Sensex has only declined by 1.30% over the past week, indicating that Rainbow Foundations Ltd is underperforming relative to the benchmark. While the stock has shown impressive year-to-date and one-year returns of 105.65% and 172.98%, respectively, its recent performance contrasts sharply with these longer-term gains. The significant drop in investor participation and the stock's consecutive falls suggest a lack of confidence among investors, which may be contributing to its current downward trajectory.