Why is RDB Rasayans falling/rising?

As of 29-Aug, RDB Rasayans Ltd's stock price is currently at 159.00, reflecting a decrease of 1.1, or 0.69%. The stock has been underperforming recently, having fallen for the last two days with a total decline of 3.64%. Although it opened the day with a gain of 3.59% and reached an intraday high of Rs 165.85, the overall trend indicates a struggle, as it has underperformed its sector by 0.28%. Over the past week, the stock has decreased by 3.05%, and its one-month performance shows a decline of 7.99%. Despite a year-to-date return of 0.32%, the stock's performance over the past year has been negative at -6.96%, even as profits increased by 11.6%. The stock is trading at a premium compared to its peers, with a Price to Book Value of 1.3, and a low Debt to Equity ratio, which suggests a fair valuation.
In the broader market context, RDB Rasayans Ltd's recent performance contrasts with the benchmark Sensex, which has declined by 1.84% over the past week and 1.88% over the past month. This indicates that while the stock is underperforming relative to the market, it is not alone in facing downward pressure. The falling investor participation, evidenced by a significant drop in delivery volume, further complicates the stock's outlook. Despite its long-term growth, as shown by a 58.45% increase over three years and a 309.79% rise over five years, the current short-term trends and market conditions suggest challenges ahead for RDB Rasayans Ltd.