Why is Rajratan Global falling/rising?

As of 18-Sep, Rajratan Global Wire Ltd's stock price is currently at 349.70, reflecting a decrease of 1.4 points or 0.4%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 3.4% during this period. Despite a positive performance over the past week and month, with returns of 1.95% and 9.28% respectively, the stock has significantly underperformed over the year, showing a decline of 39.47%. Key factors influencing this movement include a high management efficiency indicated by a ROCE of 22.19% and a low Debt to EBITDA ratio of 1.24, suggesting strong debt servicing ability. However, the company has faced negative results for the last four consecutive quarters, and its operating profit growth has been poor, contributing to the stock's recent decline.
In the broader market context, while the stock has shown some short-term gains, it has consistently underperformed against the benchmark, with a year-to-date return of -27.80% compared to the Sensex's 6.24%. The stock's liquidity has also decreased, with a significant drop in delivery volume, indicating falling investor participation. This lack of investor confidence, combined with the company's negative financial results and poor long-term growth prospects, has led to a decline in the stock price despite its attractive valuation compared to peers.