Why is Ravindra Energy falling/rising?

As of 23-Sep, Ravindra Energy Ltd is experiencing a decline in its stock price, currently at Rs 173.00, which reflects a decrease of Rs 8.25 or 4.55%. The stock has underperformed its sector by 3.85% today and has seen a consecutive fall over the last two days, resulting in a total decline of 5.23%. Despite this recent downturn, the stock has shown strong performance over the longer term, with a year-to-date increase of 37.41% and a remarkable 583.79% rise over the past five years. The company has reported significant growth in net profit and has consistently delivered positive results over the last two quarters, which may support investor confidence despite the current price drop.
In the broader market context, the stock's short-term performance has been weaker than the benchmark, with a 1-week return of -1.03% compared to the Sensex's -0.34%. However, over the past month, Ravindra Energy has outperformed the Sensex, gaining 20.94% against the benchmark's 0.98%. The stock's liquidity remains adequate, with a delivery volume increase of 84.07% compared to the 5-day average, indicating rising investor participation. This suggests that while the stock is currently facing downward pressure, its long-term growth potential and recent positive financial results may attract investors looking for value.