Why is Raymond Lifestyl falling/rising?

As of 20-Jun, Raymond Lifestyle Ltd's stock price is currently at 1,044.10, reflecting a decline of 24.7 points or 2.31%. The stock has underperformed its sector by 2.69% today and has experienced consecutive falls over the last two days, totaling a decrease of 2.42%. The stock hit an intraday low of Rs 1,030.55, indicating a significant drop of 3.58%. Over the past week, the stock has decreased by 4.82%, while it has shown a slight increase of 1.11% over the past month. However, the year-to-date performance is concerning, with a decline of 50.51%. The company's weak long-term fundamentals, highlighted by a -78.79% CAGR growth in operating profits over the last five years and negative results in the last two quarters, contribute to the stock's downward movement. Additionally, the increase in pledged promoter shares by 16.8% over the last quarter adds further pressure on the stock price.
In the broader market context, the Sensex has increased by 1.59% over the past week, contrasting sharply with Raymond Lifestyle's decline. This divergence indicates that while the overall market is performing positively, Raymond Lifestyle is struggling significantly. The company's liquidity appears adequate for trading, but the negative sentiment surrounding its financial performance and the high proportion of pledged shares are likely exacerbating its stock price decline. The stock's performance relative to the benchmark reflects a troubling trend, as it continues to lag behind the market, further influencing investor confidence negatively.