Why is Rajesh Exports falling/rising?

As of 15-Oct, Rajesh Exports Ltd. is experiencing a decline in its stock price, currently at 177.20, reflecting a decrease of 0.35 (-0.2%). The stock has underperformed its sector by 0.53% today and has been on a downward trend, losing 3.64% over the last three days. Additionally, the stock has shown significant underperformance against the benchmark, with a 1-year return of -37.67% compared to the Sensex's +0.96%. Despite some positive indicators such as a low debt-to-equity ratio and impressive growth in net sales and profit after tax, the company faces challenges with poor long-term growth, as evidenced by a -35.35% annual rate of operating profit growth over the past five years. The stock's high valuation relative to its peers and consistent underperformance against the benchmark further contribute to its recent price decline.
In the broader market context, Rajesh Exports has significantly lagged behind the Sensex, with a 1-week return of -2.40% compared to the benchmark's +1.02%. This trend of underperformance has persisted over multiple time frames, including a -11.84% return over the past month and a staggering -74.39% over the last three years. While there has been a rise in investor participation, as indicated by a 94.91% increase in delivery volume, the overall sentiment remains negative due to the stock's historical performance and valuation concerns. This combination of factors suggests that investors are cautious, leading to the stock's continued decline.