Why is RattanIndia Ent falling/rising?

As of 22-Aug, RattanIndia Enterprises Ltd is experiencing a decline in its stock price, currently at 52.68, which reflects a decrease of 0.98 or 1.83%. The stock has underperformed its sector by 1.86% today and has been on a consecutive downward trend for the last two days, falling by 2.35% in that period. Over the past week, the stock has shown a modest gain of 3.42%, but it has significantly underperformed over the longer term, with a 12.74% decline over the past month and a staggering 36.17% drop over the past year. The company's operating profit has seen a drastic annual decline of 383.67% over the last five years, and despite a slight increase in investor participation, the overall sentiment remains negative due to poor financial performance, including a negative EBITDA and a significant drop in profits.
In the broader market context, while the BSE500 index has generated negative returns of 2.49% over the last year, RattanIndia Enterprises Ltd's performance has been considerably worse, with a return of -36.17%. This stark contrast highlights the company's struggles relative to the market. Additionally, the stock is trading at risky valuations compared to its historical averages, which may deter potential investors. The low stake held by domestic mutual funds, at only 0.47%, suggests a lack of confidence in the company's prospects, further contributing to the stock's downward trajectory.