Why is Rajratan Global falling/rising?

As of 22-Aug, Rajratan Global Wire Ltd is experiencing a decline in its stock price, currently at 325.00, which reflects a decrease of 1.2 or 0.37%. The stock has been losing value for the last two days, with a total drop of 1.23% during this period. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Despite a rise in delivery volume by 42.16% against the 5-day average, the stock has underperformed significantly over the past year, with a return of -45.56% and a consistent negative performance in the last four quarters. The company has a high management efficiency with a ROCE of 22.19% and a low Debt to EBITDA ratio of 1.24 times, but these positive factors are overshadowed by its poor long-term growth and negative results.
In the broader market context, Rajratan Global's short-term performance has been better than the benchmark, with a 1-week return of +1.55% compared to the Sensex's +0.88%. However, the stock's long-term outlook remains concerning, as it has consistently underperformed against the benchmark over the last three years, with a staggering decline of -70.02% compared to the Sensex's +38.34%. This persistent underperformance, coupled with a significant drop in profits by -23.5% over the past year, contributes to the negative sentiment surrounding the stock, leading to its current decline.