Why is RBZ Jewellers Lt falling/rising?

As of 25-Aug, RBZ Jewellers Ltd is currently priced at 136.65, reflecting an increase of 1.6 (1.18%). The stock has shown a trend reversal, gaining after two consecutive days of decline, and has outperformed its sector by 0.37% today. It reached an intraday high of Rs 141, marking a 4.41% increase. However, the stock's performance over the past year has been disappointing, with a decline of 10.33%, and it has underperformed against the benchmark Sensex over the last three years. While the company has a low Debt to Equity ratio and has demonstrated healthy long-term growth in net sales and operating profit, recent financial metrics indicate a decline in profit before tax and profit after tax compared to previous quarters, which may be contributing to investor concerns.
In the broader market context, RBZ Jewellers Ltd has shown a short-term return of 0.48% over the past week, slightly outperforming the Sensex, which returned 0.45% in the same period. Despite this, the stock has faced falling participation from institutional investors, who have reduced their stake by 1.57%, indicating a lack of confidence among more knowledgeable market participants. This decline in institutional interest, combined with the stock's consistent underperformance against benchmarks, suggests that while there may be some short-term gains, the overall sentiment remains cautious, reflecting broader concerns about the company's financial health and market position.