Why is Responsive Ind falling/rising?

As of 25-Jul, Responsive Industries Ltd is experiencing a decline in its stock price, currently at Rs 225.85, which reflects a decrease of Rs 12.8 or 5.36%. The stock has underperformed its sector by 4.59% today and has been on a downward trend for the last three days, accumulating a total loss of 6.87% during this period. The stock's performance over the past week shows a decline of 6.21%, while it has fared better over the past month with a gain of 6.89%. Despite a strong ability to service debt and healthy long-term growth indicated by a 63.05% annual increase in operating profit, the stock's valuation appears expensive with a ROCE of 14.3 and a high enterprise value to capital employed ratio. Additionally, the stock has underperformed significantly over the past year, with a return of -21.31%, despite an increase in profits by 23.7%.
In the broader market context, the stock has not only lagged behind its sector but also the benchmark, as the Sensex has shown a minor decline of 0.36% over the past week and a positive return of 4.25% year-to-date. The stock's recent performance contrasts sharply with the benchmark, highlighting its struggles in a generally more stable market environment. The falling investor participation, as evidenced by a 22.46% drop in delivery volume, further indicates a lack of confidence among investors, contributing to the stock's downward trajectory. Overall, while there are positive indicators regarding the company's financial health, the stock's recent performance and valuation concerns are leading to its decline.