Why is RBZ Jewellers Lt falling/rising?

As of 02-Sep, RBZ Jewellers Ltd is currently priced at 134.60, reflecting a decrease of 0.6, or 0.44%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 3.37% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The stock's performance over the past week shows a gain of 1.89%, while it has underperformed the sector by 0.54% today. Despite a healthy long-term growth in net sales and operating profit, the recent quarterly profit after tax has fallen by 26.6%, and institutional investors have reduced their stake, which may contribute to the stock's downward pressure. Broader market context reveals that RBZ Jewellers Ltd has consistently underperformed against the benchmark, with a year-to-date return of -30.58% compared to a positive 2.58% for the Sensex. This trend of underperformance has persisted over the last three years, further exacerbated by a decline in investor participation, as evidenced by a significant drop in delivery volume. The overall market sentiment appears to be cautious, particularly given the stock's recent struggles and the broader market's slight downturn, as indicated by the Sensex's decline of 0.78% over the past week.