Why is Raymond Lifestyl falling/rising?

As of 18-Jul, Raymond Lifestyle Ltd's stock price is currently at 1,196.25, reflecting a decline of 28.85 points, or 2.35%. The stock has been underperforming, having fallen for six consecutive days, resulting in a total drop of 9.47% during this period. In today's trading, the stock touched an intraday low of Rs 1185, indicating a decrease of 3.27%. Additionally, the stock has shown a negative performance of -5.95% over the past week, while it has gained 11.80% over the past month. However, the year-to-date performance remains significantly negative at -43.30%. The company has reported weak long-term fundamentals, with a staggering -78.79% CAGR growth in operating profits over the last five years, and has declared negative results for the last two consecutive quarters, contributing to the stock's downward trend.
Broader market context indicates that the Sensex has only decreased by 0.90% over the past week, suggesting that Raymond Lifestyle Ltd's decline is more pronounced than the broader market. The stock's performance today underperformed its sector by 1.51%, and the delivery volume has decreased significantly, indicating falling investor participation. The pledged shares by promoters, which constitute 26.17% of their holdings, add further downward pressure in a declining market, especially as this proportion has increased by 16.8% over the last quarter. Overall, these factors contribute to the stock's current negative trajectory amidst a relatively stable broader market environment.