Why is Raymond falling/rising?

As of 03-Jul, Raymond Ltd's stock price is currently at Rs 725.55, reflecting a decrease of Rs 32.6 or 4.3%. Today's price summary indicates that the stock has underperformed its sector by 4.6%, following a trend reversal after four consecutive days of gains. The stock reached an intraday low of Rs 717.4, which is a decline of 5.37%. Over the past week, the stock has shown a return of +22.17%, although it has significantly underperformed over the longer term, with a year-to-date return of -56.68% and a one-year return of -75.50%. Positive factors include high management efficiency with a return on equity (ROE) of 25.73% and attractive valuation metrics, such as a price-to-book value of 1.3. However, negative factors, including a weak EBIT to interest ratio of 1.85 and declining net sales, have contributed to the stock's recent downward movement.
In the broader market context, the Sensex has shown a slight decline of 0.62% over the past week, while Raymond's stock has outperformed this benchmark significantly in the same period. Despite this short-term outperformance, the stock's long-term performance remains concerning, with a substantial decline in net sales and profitability over the past five years. The company's ability to service its debt is also weak, which raises further concerns for investors. Overall, while there are some positive indicators, the combination of poor long-term growth, recent negative financial results, and the stock's significant underperformance compared to broader market indices has led to its current decline.