Why is Rajratan Global falling/rising?

As of 26-Aug, Rajratan Global Wire Ltd is experiencing a decline in its stock price, currently at Rs 319.50, which reflects a decrease of -2.35 (-0.73%). The stock has been on a downward trend, losing value for the last four consecutive days and showing a total decline of -2.9% during this period. It opened lower today with a loss of -2.11% and reached an intraday low of Rs 315.05. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, investor participation has waned, with delivery volume dropping by -52.94% compared to the 5-day average. Over the past month, the stock has fallen by -21.11%, significantly underperforming the benchmark Sensex, which decreased by only -0.83%.
In the broader market context, Rajratan Global has consistently underperformed against the benchmark over the last three years, with a staggering -48.24% return in the past year compared to the Sensex's -1.12%. Despite some positive factors such as high management efficiency and a strong ability to service debt, the company has declared negative results for the last four consecutive quarters, contributing to poor long-term growth prospects. The operating profit growth rate has been modest at 18.32% over the last five years, and the stock's profits have fallen by -23.5% in the past year. This combination of declining performance metrics and negative market sentiment has led to the stock's current downward trajectory.