Why is RBZ Jewellers Lt falling/rising?

As of 24-Jul, RBZ Jewellers Ltd is experiencing a decline in its stock price, currently at 138.30, which reflects a decrease of 2.05 or 1.46%. The stock has been underperforming, having fallen consecutively for the last five days, resulting in a total decline of 5.14% over that period. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has also decreased by 15.67% compared to the 5-day average, suggesting a drop in investor participation. Despite the company showing healthy long-term growth with net sales and operating profit increasing significantly, the recent performance has been overshadowed by a consistent underperformance against benchmarks, including a 28.67% decline year-to-date.
In the broader market context, RBZ Jewellers Ltd's short-term performance has significantly lagged behind the Sensex, which has only seen a minor decline of 0.09% over the past week. This stark contrast highlights the stock's struggles, particularly as institutional investors have reduced their stakes by 0.61% in the last quarter, indicating a lack of confidence from more knowledgeable market participants. The stock's consistent underperformance over the last three years, including a 1.60% decline in the past year, further exacerbates its challenges, making it less attractive to investors compared to the broader market's positive performance.