Why is Rajratan Global falling/rising?

As of 19-Sep, Rajratan Global Wire Ltd is currently priced at 347.00, reflecting a decrease of 2.7, or 0.77%. The stock has been underperforming, having lost 4.14% over the last four days and is currently trading lower than its 5-day, 50-day, 100-day, and 200-day moving averages. Additionally, the stock has shown a significant decline in investor participation, with delivery volume dropping by 83.87% compared to the 5-day average. Despite a high return on capital employed (ROCE) of 22.19% and a low debt-to-EBITDA ratio of 1.24, the company has faced negative results for the last four consecutive quarters, contributing to a year-to-date return of -28.36% and a one-year return of -39.76%.
In the broader market context, the stock's short-term return of +0.52% over the past week is lower than the benchmark Sensex, which has gained +0.88% in the same period. This consistent underperformance against the benchmark over the last three years, alongside a decline in profits by 23.5%, raises concerns about the company's long-term growth potential. While the stock is trading at a discount compared to its peers, the negative financial results and the overall trend of declining returns suggest that investor sentiment remains cautious, further contributing to the stock's recent price decline.