Why is Raymond Lifestyl falling/rising?

As of 22-Jul, Raymond Lifestyle Ltd's stock price is currently at Rs 1,165.15, reflecting a decline of Rs 34.9 or 2.91%. Today's price summary indicates that the stock has underperformed its sector by 2.48%, with an intraday low of Rs 1,141.1, marking a decrease of 4.91%. The stock has shown a negative return of 7.45% over the past week, while it has gained 11.59% over the past month. However, year-to-date, the stock has significantly underperformed, with a decline of 44.77%, contrasting sharply with the Sensex's gain of 5.18%. The company's fundamentals appear weak, with a substantial fall in net sales of 14.71% and negative results reported for the last two consecutive quarters, contributing to the stock's downward movement.
Broader market context shows that while the Sensex has only dipped 0.47% over the past week, Raymond Lifestyle's performance has been considerably worse, indicating a lack of investor confidence. The company's long-term growth is concerning, with a -78.79% CAGR in operating profits over the last five years and a low return on equity of 5.73%. Additionally, 26.17% of promoter shares are pledged, which can exert further downward pressure in a declining market, especially as the proportion of pledged shares has increased recently. Overall, these factors contribute to the stock's current decline amidst a relatively stable broader market.