Why is Ratnabhumi Dev. falling/rising?

As of 04-Jul, Ratnabhumi Developers Ltd is experiencing a decline in its stock price, currently at 224.80, which reflects a decrease of 4.55 or 1.98%. The stock has been underperforming, having fallen consecutively for the last five days, resulting in a total return of -9.56% over that period. Today's trading has shown no range, with the stock opening and trading at the same price. Additionally, there has been a notable drop in investor participation, with delivery volume decreasing by 30.44% compared to the five-day average. Despite these challenges, the company has reported significant growth in net sales and positive results over the last five quarters, indicating strong underlying performance.
In the broader market context, Ratnabhumi Developers Ltd's short-term performance has significantly lagged behind the benchmark, with the Sensex only declining by 0.74% over the same week. However, the stock has demonstrated impressive long-term returns, outperforming the benchmark over one year and three years, with a 34.21% return in the past year. The company's attractive valuation metrics, such as a low PEG ratio and high ROCE, suggest that it is trading at a discount compared to its peers, which could support future recovery. Nonetheless, the recent price decline indicates that short-term investor sentiment may be cautious despite the company's strong fundamentals.