Why is Renaiss. Global falling/rising?

As of 11-Sep, Renaissance Global Ltd is experiencing a decline in its stock price, currently at Rs 115.70, which represents a decrease of Rs 3.4 or 2.85%. Today's performance indicates that the stock has underperformed its sector by 1.88% and has fallen after four consecutive days of gains. The stock touched an intraday low of Rs 115.6, and while it is trading above its 5-day, 20-day, and 50-day moving averages, it remains below its 100-day and 200-day moving averages. Over the past week, the stock has shown a return of +6.05%, but it has significantly underperformed on a year-to-date basis with a return of -32.75%. Additionally, there has been a notable decline in investor participation, with delivery volume falling by 30.54% against the 5-day average.
In the broader market context, the stock's recent performance contrasts with the Sensex, which has gained 1.03% over the past week. Despite the stock's attractive valuation indicated by a ROCE of 7.1 and a discount compared to peers, its long-term fundamentals remain weak, with a poor growth rate in net sales and operating profit over the last five years. The recent increase in promoter stake by 3.52% suggests confidence in the company's future, but the stock's consistent underperformance against benchmarks over the last three years, including a -7.59% return in the past year, raises concerns among investors.