Why is RCF falling/rising?

As of 19-Jun, Rashtriya Chemicals & Fertilizers Ltd. is experiencing a decline in its stock price, currently at Rs 151.90, which reflects a decrease of Rs 4.1 or 2.63%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 4.42% during this period. Additionally, the stock's performance over the past week shows a drop of 4.47%, while its year-to-date return stands at a significant decline of 12.63%. Despite a positive profit growth of 22.9% over the past year, the stock has generated a negative return of 18.05%, indicating a disconnect between profit growth and stock performance. The company's low investor participation, with a delivery volume decrease of 30.87%, further suggests waning interest among investors.
In the broader market context, the stock has underperformed compared to the benchmark Sensex, which has shown a positive return of 4.12% year-to-date. This stark contrast highlights the challenges faced by Rashtriya Chemicals & Fertilizers Ltd. in attracting investor confidence, as evidenced by the minimal stake held by domestic mutual funds at only 0.44%. The company's flat results in the latest quarter, including a significant drop in profit before tax and net sales, have likely contributed to the negative sentiment surrounding the stock. Overall, the combination of poor long-term growth prospects, declining investor participation, and underperformance relative to the market has led to the stock's current downward trajectory.