Why is RBZ Jewellers Lt falling/rising?

As of 05-Sep, RBZ Jewellers Ltd is experiencing a decline in its stock price, currently at Rs 136.25, which reflects a decrease of Rs 4.05 or 2.89%. The stock has underperformed its sector by 2.33% today and has fallen after two consecutive days of gains. It touched an intraday low of Rs 136.25, indicating a downward trend. Over the past week, the stock has shown a slight increase of 0.26%, but it has significantly underperformed the benchmark Sensex, which gained 1.13%. Additionally, the stock has a concerning year-to-date return of -29.73%, while the Sensex has increased by 3.29%. The company's low debt-to-equity ratio of 0.48 times and healthy long-term growth in net sales and operating profit are overshadowed by a recent decline in profit after tax and a significant increase in interest expenses, which may be contributing to the stock's negative performance.
Broader market context indicates that RBZ Jewellers Ltd has consistently underperformed against the benchmark over the last three years, with a one-year return of -5.94% compared to the Sensex's -1.81%. The recent decrease in institutional investor participation, with a 1.57% reduction in their stake, suggests a lack of confidence from more knowledgeable investors, which could further impact retail investor sentiment negatively. The stock's liquidity remains adequate for trading, but the overall trend of falling participation and consistent underperformance against the broader market indicates a challenging environment for RBZ Jewellers Ltd, leading to its current price decline.