Why is Raj Oil Mills falling/rising?

As of 09-Jul, Raj Oil Mills Ltd is experiencing a decline in its stock price, currently at Rs 55.56, reflecting a decrease of 2.09 (-3.63%). The stock has been underperforming, having fallen for the last four consecutive days, resulting in a total decline of 9.2% during this period. Additionally, the stock's performance today has underperformed its sector by 3.33%. While the company has reported positive results in the last three consecutive quarters, including record net sales and operating profits, it is also facing challenges such as a negative book value and high debt levels, which contribute to its weak long-term fundamental strength.
In the broader market context, the stock's short-term performance has been notably poor, with a 1-week return of -0.79%, contrasting with the Sensex's slight gain of 0.15%. Over the past month, however, Raj Oil Mills has shown a positive return of 16.97%, significantly outperforming the Sensex's 1.32% increase. Despite these positive longer-term returns, the current downward trend and falling investor participation, as indicated by a drastic drop in delivery volume, suggest that market sentiment is currently negative towards the stock.