Why is Raj Oil Mills falling/rising?

As of 09-Oct, Raj Oil Mills Ltd is experiencing a decline in its stock price, currently at Rs 52.91, which represents a decrease of Rs 1.56 or 2.86%. The stock has been underperforming recently, having fallen consecutively for the last three days, resulting in a total decline of 13.29% during this period. Today's performance indicates that it has underperformed its sector by 7.12%, with an intraday low of Rs 50.85. Additionally, the stock's trading volume has decreased significantly, with a delivery volume drop of 34.37% compared to the five-day average, suggesting reduced investor participation. The stock's returns over the past week and month are positive at 7.26% and 8.09%, respectively, but its year-to-date performance of 1.75% lags behind the Sensex's 5.16%.
In the broader market context, while Raj Oil Mills has shown some positive short-term returns, it is still trailing behind the benchmark Sensex, which has gained 1.47% over the past week. The stock's longer-term performance has been less favorable, particularly over three years, where it has declined by 7.82% compared to the Sensex's substantial gain of 41.21%. The recent downturn in Raj Oil Mills' stock price, coupled with falling investor participation and a lack of positive factors to counterbalance these trends, indicates a challenging environment for the company amidst a generally rising market for its sector.