Why is Raymond falling/rising?

As of 10-Jul, Raymond Ltd's stock price is currently at 693.15, reflecting a decrease of 4.45 points or 0.64%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 2.09% during this period. Over the past week, the stock has decreased by 4.47%, while it has shown a significant decline of 78.01% over the past year. Despite a high return on equity (ROE) of 25.73% and a favorable price-to-book ratio of 1.2, the company is facing challenges with weak debt servicing capabilities, as indicated by a poor EBIT to Interest ratio of 1.85. Additionally, the company's net sales have plummeted by 40.90%, contributing to its negative performance.
In the broader market context, Raymond Ltd's recent performance contrasts sharply with the Sensex, which has only declined by 0.06% over the past week. The stock's liquidity appears adequate for trading, but a significant drop in delivery volume by 67.43% suggests waning investor interest. Furthermore, while institutional holdings are relatively high at 22.49%, indicating some level of confidence from larger investors, the overall sentiment remains negative due to the company's poor long-term growth prospects and recent financial results. This combination of factors has led to the stock's continued decline amidst a generally stable market environment.