Why is Rasandik Engg. falling/rising?

As of 06-Nov, Rasandik Engineering Industries India Ltd is experiencing a decline in its stock price, currently at 76.00, which reflects a decrease of 4.0 or 5.0%. The stock has underperformed its sector by 3.5% today, opening with a significant loss of 5.86%, and reaching an intraday low of Rs 75.31. The stock is trading below all its moving averages, indicating a bearish trend. Additionally, the delivery volume has sharply decreased by 72.22% compared to the 5-day average, suggesting a lack of investor interest. The company has shown weak long-term fundamentals, with a negative CAGR growth in net sales over the last five years and a high Debt to EBITDA ratio, which raises concerns about its ability to service debt. Recent negative financial results, including a significant drop in profits and net sales, further contribute to the stock's downward movement.
In the broader market context, Rasandik Engineering's short-term performance has been notably worse than the benchmark, with a 1-week return of -3.25% compared to the Sensex's -1.30%. Over the past month, the stock has declined by 7.33%, while the Sensex has increased by 1.86%. This stark contrast highlights the stock's underperformance relative to the overall market. The company's negative operating profits and low return on equity indicate that it is struggling to generate value for shareholders, which is compounded by its poor performance over the past year, where it has returned -39.20% compared to the Sensex's positive return of 3.65%.