Why is Ravindra Energy falling/rising?

As of 31-Jul, Ravindra Energy Ltd's stock price is currently at Rs 139.20, reflecting an increase of Rs 2.45 or 1.79%. The stock has shown a positive trend recently, gaining 3.96% over the last three days. It outperformed its sector by 2.67% today, reaching an intraday high of Rs 139.8. Despite this, the stock has experienced a decline of 4.00% over the past week. Over the longer term, it has delivered impressive returns, with a 66.83% increase over the past year and a remarkable 184.66% rise over the last three years. The company has reported outstanding financial results, including a 415.09% growth in net profit, a strong operating profit to interest ratio, and a low debt-equity ratio, which contribute positively to investor sentiment.
In the broader market context, while Ravindra Energy's stock has outperformed the Sensex in both the short and long term, the benchmark index has seen a decline of 1.22% over the past week and a modest increase of 3.90% year-to-date. This indicates that while the stock is performing well relative to the market, the overall market sentiment may be affecting investor participation, as evidenced by a significant drop in delivery volume. The stock remains liquid enough for trading, but the falling investor participation could pose a concern for future price movements.