Why is Rajkot Inv.Trust falling/rising?

As of 11-Nov, Rajkot Investment Trust Ltd is experiencing a decline in its stock price, currently at Rs 42.75, which reflects a decrease of Rs 1.72 or 3.87%. The stock has underperformed its sector by 1.89% today, with an intraday high of Rs 46.49 and a low of Rs 42.25, indicating significant volatility with a wide trading range of Rs 4.24. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. The recent delivery volume has also decreased significantly, falling by 60.53% compared to the 5-day average, indicating a drop in investor participation. Year-to-date, the stock has seen a substantial decline of 32.99%, contrasting sharply with the Sensex, which has risen by 7.34%.
In the broader market context, Rajkot Investment Trust's short-term performance has been notably poor compared to the benchmark, as it has declined by 6.98% over the past week while the Sensex has gained 0.49%. This underperformance highlights the challenges the company is facing relative to the overall market. The lack of available positive or negative factors further complicates the understanding of the stock's recent movements, as there are no specific catalysts identified that could explain the current downward trend. Overall, the combination of poor stock performance, reduced investor interest, and unfavorable comparisons to the benchmark contributes to the stock's decline.