Why is Raymond Lifestyl falling/rising?

As of 17-Sep, Raymond Lifestyle Ltd's stock price is currently at 1,321.00, reflecting a decrease of 8.5 or 0.64%. The stock has underperformed its sector today by 1.65%, despite being higher than its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average. Over the past week, the stock has gained 1.06%, but it has significantly underperformed over the year, with a decline of 44.83% compared to the market's slight drop of 0.46%. The recent increase in promoter confidence, with a 1.46% rise in their stake, suggests a belief in the company's future; however, this is overshadowed by weak long-term fundamentals, including a staggering -78.79% CAGR growth in operating profits over the last five years and negative results for the last three quarters.
Broader market context indicates that while the stock has seen some short-term gains, it has not kept pace with the benchmark, which has risen by 1.56% in the last week. The company's significant decline in profitability, as evidenced by a return on equity of only 5.73% and consecutive quarterly losses, raises concerns about its long-term viability. Despite the liquidity being adequate for trading, the falling investor participation, with an 8.88% drop in delivery volume, further highlights a lack of confidence among investors, contributing to the stock's overall downward trend.