Why is Rajas. Tube Mfg falling/rising?

As of 18-Sep, Rajasthan Tube Manufacturing Co Ltd is experiencing a decline in its stock price, currently at Rs 38.10, which reflects a decrease of Rs 1.35 or 3.42%. The stock has been underperforming, having fallen consecutively for the last four days with a total decline of 6.66%. Today's performance indicates a gap down opening with a loss of 2.48%, and it touched an intraday low of Rs 38.01. The stock's performance over the past week shows a decline of 4.15%, and over the past month, it has decreased by 14.77%. Despite impressive long-term returns, including an 863.34% increase over the past year, recent financial results have been negative, with significant drops in net sales and profit after tax, contributing to a weak long-term fundamental strength.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark Sensex, which has gained 1.80% over the past week and 2.14% over the past month. The company's declining promoter holding, now at 16.5%, alongside a high Debt to EBITDA ratio of 5.08 times, raises concerns about its financial stability. Additionally, the falling investor participation, with a 61.54% drop in delivery volume compared to the five-day average, suggests reduced confidence among investors. Overall, these factors indicate a challenging environment for Rajasthan Tube Manufacturing Co Ltd, leading to its current stock price decline.