Why is RattanIndia Ent falling/rising?

As of 03-Sep, RattanIndia Enterprises Ltd is currently priced at 60.40, reflecting a decrease of 0.93, or 1.52%. The stock has underperformed its sector by 1.66% today and has experienced a consecutive decline over the past two days, totaling a drop of 1.53%. Despite this recent downturn, the stock has shown positive performance over the past week and month, with returns of 3.69% and 12.62%, respectively. However, the long-term outlook is concerning, as the company has reported a significant decline in operating profit over the last five years and negative earnings before interest, taxes, depreciation, and amortization (EBITDA). Additionally, domestic mutual funds hold a minimal stake in the company, indicating a lack of confidence in its current valuation.
In the broader market context, while the stock has underperformed the BSE500 index over the past year, which saw a decline of 4.38%, RattanIndia's stock has fallen by 23.39% during the same period. This stark contrast highlights the stock's struggles relative to the market. The recent drop in investor participation, with delivery volume decreasing significantly, further exacerbates the stock's decline. Although the stock is trading above its moving averages, the overall negative sentiment surrounding its financial performance and growth prospects continues to weigh heavily on its price movement.