Why is Rajesh Exports falling/rising?

As of 18-Sep, Rajesh Exports Ltd. is currently priced at 204.20, reflecting a decrease of 0.3, or 0.15%. The stock has shown a trend reversal, falling after three consecutive days of gains. Despite this recent decline, it is trading above its moving averages across various time frames, indicating some underlying strength. The stock has experienced a 1.59% increase over the past week, although it has underperformed with a year-to-date decline of 11.64% and a significant drop of 29.77% over the past year. The company maintains a low debt-to-equity ratio, which is a positive factor, but it faces challenges with poor long-term growth, as evidenced by a substantial decline in operating profit over the last five years and a recent drop in both pre-tax and net profits.
In the broader market context, Rajesh Exports' short-term performance of +1.59% over the past week is slightly below the benchmark Sensex, which has risen by 1.80% in the same period. This underperformance is consistent with the company's trend of lagging behind the market, as it has consistently generated negative returns compared to the BSE500 over the last three years. The stock's valuation appears expensive relative to its peers, compounded by a significant decline in profits over the past year, which has contributed to investor sentiment leaning towards selling. Overall, while there are some positive indicators, the persistent underperformance and negative financial trends are likely influencing the stock's current downward movement.