Why is Rajkot Inv.Trust falling/rising?

As of 19-Nov, Rajkot Investment Trust Ltd is experiencing a decline in its stock price, currently at Rs 42.76, which reflects a decrease of Rs 1.82 or 4.08%. The stock has been underperforming, having fallen consecutively for the last two days with a total decline of 7.69%. Today, it opened with a loss of 4.67% and traded within a wide range of Rs 4.29, reaching a high of Rs 46.79 and a low of Rs 42.5. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Notably, investor participation has decreased significantly, with delivery volume dropping by 96.57% compared to the 5-day average, suggesting a lack of confidence among investors.
Broader Market Context: In comparison to the benchmark Sensex, which has gained 0.85% over the past week, Rajkot Investment Trust's stock has declined by 7.96% during the same period. This stark contrast highlights the stock's underperformance relative to the broader market. Over the past month, the stock has also fallen by 4.21%, while the Sensex has increased by 1.47%. The year-to-date performance shows a significant decline of 32.98% for Rajkot Investment Trust, compared to a 9.02% increase in the Sensex, further emphasizing the challenges faced by the company in the current market environment.