Why is Rajesh Exports falling/rising?

As of 22-Jul, Rajesh Exports Ltd. is experiencing a decline in its stock price, currently at 199.60, which reflects a decrease of 1.4 or 0.7%. The stock has been underperforming, having lost 3.41% over the last four days, and it has consistently underperformed against its sector by 1.58% today. Over the past week, the stock has decreased by 2.63%, while its performance over the last month shows an increase of 8.80%. However, the long-term outlook remains concerning, with a significant decline of 33.08% over the past year and a staggering 65.77% drop over the last three years. The company also faces challenges such as negative operating profits and poor long-term growth, with an annual operating profit decline of 146.68% over the last five years, which has likely contributed to the recent price movement.
In the broader market context, while Rajesh Exports has shown a short-term recovery of 8.80% over the past month, it still lags behind the benchmark Sensex, which has only decreased by 0.27% in the same period. The stock's year-to-date performance is particularly troubling, with a decline of 13.63%, contrasting sharply with the Sensex's gain of 5.18%. The high institutional holdings at 25.82% suggest that knowledgeable investors are involved, but the overall negative sentiment due to the company's financial struggles and consistent underperformance against benchmarks may be driving the stock lower.