Why is RattanIndia Ent falling/rising?

As of 17-Jul, RattanIndia Enterprises Ltd is experiencing a decline in its stock price, currently at 61.40, which reflects a decrease of 0.6 or 0.97%. The stock has been underperforming, having fallen consecutively for the last five days, resulting in a total decline of 7.19% over that period. Additionally, the stock's delivery volume has significantly decreased by 74.34% compared to its five-day average, indicating a drop in investor participation. Despite showing healthy long-term growth in net sales and operating profit, the company has faced negative results in its latest quarterly report, with a substantial loss in profit after tax and a low operating profit to interest ratio. This has contributed to a perception of the stock as a strong sell, especially given its significant underperformance over the past year, where it has generated a return of -21.87%.
In the broader market context, RattanIndia Enterprises Ltd has underperformed relative to the benchmark, with the Sensex showing a decline of only 1.12% over the same one-week period. While the stock has shown some positive movement over the past month with a return of 7.62%, it has still lagged behind the benchmark's performance year-to-date, where the Sensex has gained 5.27%. The overall sentiment around the stock is further dampened by the low stake held by domestic mutual funds, suggesting a lack of confidence in the company's current valuation and business prospects.