Why is Raymond falling/rising?

As of 09-Jul, Raymond Ltd's stock price is currently at Rs 697.60, reflecting a decrease of Rs 10.35, or 1.46%. The stock has underperformed its sector today by 1.45%, reaching an intraday low of Rs 693, which is a decline of 2.11%. Over the past week, the stock has seen a significant drop of 7.99%, while it has shown a positive return of 12.53% over the last month. Despite a high return on equity of 25.73% and a favorable price-to-book ratio of 1.2, the company faces challenges such as weak debt servicing capabilities, with an EBIT to Interest ratio of 1.85. Additionally, the stock has generated a staggering return of -77.31% over the past year, despite a 55.8% increase in profits, indicating a disconnect between stock performance and underlying profitability.
In the broader market context, the Sensex has shown a slight increase of 0.15% over the past week, contrasting with Raymond's significant decline. The company's long-term growth prospects appear poor, with net sales declining at an annual rate of -14.25% and operating profit decreasing by -2.23% over the last five years. Furthermore, the stock's delivery volume has fallen sharply by 72.43% compared to the five-day average, indicating reduced investor participation. Overall, while there are some positive factors such as high institutional holdings and attractive valuations, the prevailing negative sentiment and poor performance metrics are contributing to the stock's downward movement.