Why is Rajesh Exports falling/rising?

As of 18-Jul, Rajesh Exports Ltd. is experiencing a decline in its stock price, currently at 203.00, which reflects a decrease of 3.35 (-1.62%). The stock has underperformed its sector by 0.74% today and has been on a consecutive downward trend for the last two days, resulting in a total decline of 1.77% during this period. Over the past week, the stock has shown a modest gain of 0.87%, but its year-to-date performance remains significantly negative at -12.16%. Additionally, the company has faced challenges with a poor long-term growth outlook, as evidenced by an annual operating profit decline of 146.68% over the last five years and a staggering -91.6% drop in profits over the past year. The stock's performance is further impacted by a low return on capital employed (ROCE) of 1.35% and a high reliance on non-operating income, which constitutes 39.84% of profit before tax.
In the broader market context, Rajesh Exports has consistently underperformed against the benchmark, with a one-year return of -34.62% compared to the Sensex's modest gain of 0.51%. Although the stock has shown some resilience in the short term with a 5.67% increase over the past month, it remains significantly behind the benchmark's 4.63% year-to-date return. The decline in investor participation, indicated by a 21.63% drop in delivery volume compared to the five-day average, suggests a lack of confidence among investors. Despite having high institutional holdings at 25.82%, which typically indicates a level of stability, the overall negative sentiment surrounding the company's financial performance continues to weigh heavily on its stock price.