Why is Rajesh Exports falling/rising?

As of 28-Aug, Rajesh Exports Ltd. is experiencing a decline in its stock price, currently at 176.20, which reflects a decrease of 1.05 or 0.59%. The stock has been underperforming significantly, with a consecutive fall over the last four days and a total decline of 6.87% in the past week. It has also underperformed its sector by 1.74% today. The stock is trading below all major moving averages, indicating a bearish trend. Over the past year, Rajesh Exports has generated a return of -40.07%, while its operating profit has decreased at an annual rate of -37.28% over the last five years. Additionally, the company reported a substantial drop in pre-tax profit and net profit in its latest quarterly results, contributing to its poor performance.
In the broader market context, Rajesh Exports has consistently underperformed against the benchmark, with a 1-year return of -40.07% compared to the Sensex's -2.08%. The stock's performance over the last three years has also been disappointing, with a decline of 70.52% versus a 36.11% gain in the benchmark. Despite having a low debt-to-equity ratio and high institutional holdings, which typically indicate stability, the company's ongoing financial struggles and expensive valuation relative to peers have led to a lack of investor confidence. This combination of poor financial results and consistent underperformance against the market has resulted in the stock's current downward trajectory.