Why is Rajesh Exports falling/rising?

As of 29-Aug, Rajesh Exports Ltd. is experiencing a decline in its stock price, currently at 175.40, which reflects a decrease of 0.8 or 0.45%. The stock has been on a downward trend, losing value for the last five consecutive days, resulting in a total drop of 7.29% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past year, Rajesh Exports has significantly underperformed, with a return of -40.64%, while its operating profit has decreased at an alarming annual rate of -37.28% over the last five years. Despite having a low debt-to-equity ratio and high institutional holdings, the company's fundamentals appear weak, as indicated by a substantial drop in pre-tax and net profits in recent quarterly results.
In the broader market context, Rajesh Exports' short-term performance has been notably worse than the benchmark, with a 1-week return of -5.67% compared to the Sensex's decline of only -1.84%. This consistent underperformance against the benchmark over the last three years highlights the stock's struggles in attracting investor confidence. While there has been a rise in investor participation, as evidenced by a 51.74% increase in delivery volume, the overall sentiment remains negative due to the company's poor long-term growth prospects and high valuation relative to its peers.