Why is Raymond falling/rising?

As of 29-Jul, Raymond Ltd's stock price is currently at 688.65, reflecting an increase of 3.35 (0.49%). The stock has shown a trend reversal, gaining after two consecutive days of decline. However, it has experienced a significant drop of -4.69% over the past week and a staggering -66.73% over the last year. Despite this, the stock has seen a positive return of +10.33% over the past month. The stock's performance today is in line with the sector, but it has faced falling investor participation, with delivery volume down by -52.31% compared to the five-day average. Additionally, while the company has a high return on equity (ROE) of 25.73% and attractive valuation metrics, it struggles with weak debt servicing capabilities and poor long-term growth, as indicated by declining net sales and operating profit over the past five years.
In the broader market context, the Sensex has decreased by -1.03% over the past week, indicating that Raymond's short-term decline is more pronounced than the benchmark. The stock's performance has been notably poor in the long term, with a -58.89% return year-to-date compared to a +4.09% gain in the Sensex. This underperformance, coupled with a decrease in institutional investor participation, suggests a lack of confidence in the company's future prospects. Overall, while there are some positive aspects to Raymond Ltd's financials, the negative factors surrounding its profitability and growth potential contribute to its recent price movements.