Why is Rajkot Inv.Trust falling/rising?

As of 02-Jul, Rajkot Investment Trust Ltd is experiencing a decline in its stock price, currently at Rs 39.21, reflecting a decrease of Rs 4.47 or 10.23%. The stock has underperformed significantly today, opening with a loss of 5.22% and reaching an intraday low of Rs 38.99, which is a drop of 10.74%. Over the past week, the stock has seen a substantial decline of 14.72%, and its year-to-date performance is down by 38.54%. Additionally, the stock is trading below all its moving averages, indicating a bearish trend. Although there has been a notable increase in investor participation, with delivery volume rising by 283.25% against the 5-day average, the overall sentiment remains negative, contributing to the stock's downward movement.
Broader market context shows that while the Sensex has gained 0.79% over the past week, Rajkot Investment Trust's performance has been starkly negative, highlighting a significant divergence from the benchmark. The stock's poor performance over the last month and year-to-date, compared to the Sensex's positive returns of 2.50% and 6.75% respectively, further emphasizes its struggles in the current market environment. This contrast suggests that investor confidence in Rajkot Investment Trust is waning, leading to its continued decline amidst a generally stable market backdrop.