Why is RBZ Jewellers Lt falling/rising?

As of 25-Jul, RBZ Jewellers Ltd is experiencing a decline in its stock price, currently at 136.15, which reflects a decrease of 2.15 or 1.55%. The stock has been underperforming, having lost 6.62% over the past six days, and it is trading below all its moving averages, indicating a bearish trend. Additionally, the stock has shown significant underperformance against the benchmark, with a 1-month return of -7.98% compared to the Sensex's -1.56%. The recent drop in investor participation, particularly a 22.24% decrease in delivery volume, further exacerbates the stock's downward trajectory. While the company has reported positive growth in net sales and operating profit, the overall sentiment is dampened by a decline in institutional investor participation, which has fallen by 0.61% in the last quarter.
In the broader market context, RBZ Jewellers Ltd's short-term performance has been notably weaker than the benchmark, with a 1-week return of -5.55% compared to the Sensex's -0.36%. This consistent underperformance over the last three years, alongside a negative return of -1.84% in the past year, suggests that investors are losing confidence in the stock relative to the market. The combination of falling institutional interest and the stock's inability to keep pace with market benchmarks indicates a challenging environment for RBZ Jewellers Ltd, contributing to its current price decline.