Why is Rajesh Exports falling/rising?

As of 01-Sep, Rajesh Exports Ltd. is currently priced at 174.65, reflecting a decrease of 0.75, or 0.43%. The stock has been underperforming, having fallen for the last six consecutive days, resulting in a total decline of 7.69% during this period. Additionally, the stock's performance over the past week shows a decline of 4.75%, while it has dropped 24.43% year-to-date and 40.38% over the past year. The company has reported poor long-term growth, with operating profit declining at an annual rate of 37.28% over the last five years. Furthermore, recent quarterly results indicate significant drops in pre-tax profit and net profit, contributing to a very expensive valuation relative to its peers.
In the broader market context, Rajesh Exports has consistently underperformed against the benchmark, with the BSE500 showing a decline of only 2.43% over the past year, while Rajesh Exports has experienced a much steeper decline. The stock's recent performance is compounded by its trading below all key moving averages, indicating a bearish trend. Despite a rise in investor participation, as evidenced by a 27.51% increase in delivery volume, the overall sentiment remains negative due to the company's financial struggles and lack of growth, leading to its current downward trajectory.