Why is Rama Vision falling/rising?

As of 02-Jul, Rama Vision Ltd's stock price is currently at Rs 87.90, reflecting a decrease of Rs 2.0 or 2.22%. The stock has underperformed its sector by 2.99% today and has experienced a trend reversal after two consecutive days of gains. It opened with a significant loss of 4.34% and reached an intraday low of Rs 85.5, indicating a challenging trading session. Despite a strong long-term growth outlook with an annual operating profit growth of 41.09%, the stock has faced negative pressures, including a 39.03% decline in PAT over the past nine months and a 16.5% drop in profits over the last year. Additionally, a notable decrease in delivery volume by 61.21% against the five-day average suggests reduced investor participation, further contributing to the stock's downward movement.
In the broader market context, Rama Vision's short-term performance over the past week shows a gain of 4.12%, which contrasts with the Sensex's modest increase of 0.79%. However, the stock's year-to-date performance is concerning, with a decline of 30.24% compared to the Sensex's gain of 6.75%. This underperformance, coupled with the stock trading at a discount to its peers' average historical valuations, indicates a lack of investor confidence despite its attractive valuation metrics. The combination of flat financial results, declining cash reserves, and falling investor participation has likely led to the stock's current decline.