Why is RattanIndia Ent falling/rising?

As of 09-Sep, RattanIndia Enterprises Ltd is experiencing a decline in its stock price, currently at Rs 60.17, which reflects a decrease of Rs 1.13 or 1.84%. The stock has underperformed its sector by 1.1% today and has been on a consecutive downward trend for the last two days, with a total decline of 2.94% during this period. Additionally, the stock's performance over the past week shows a decrease of 1.89%, while it has gained 16.83% over the past month. However, the long-term outlook appears concerning, with a significant drop in operating profit over the last five years and negative results reported for the most recent quarter, including a 41% fall in profit after tax and a 7.25% decline in net sales. The stock's risk is further highlighted by its negative EBITDA and the minimal stake held by domestic mutual funds, suggesting a lack of confidence in its valuation.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark Sensex, which has risen by 1.18% over the past week. While the overall market has shown resilience, RattanIndia Enterprises Ltd has underperformed significantly over the past year, with a return of -23.11% compared to the benchmark's slight decline of -0.56%. This disparity indicates that investor sentiment towards RattanIndia is particularly negative, compounded by falling investor participation and liquidity concerns, as evidenced by a 44.91% drop in delivery volume compared to the five-day average.