Why is Revathi Equip falling/rising?

As of 26-Jun, Revathi Equipment India Ltd's stock price is currently at Rs 989.10, reflecting a decrease of Rs 20.15 or 2.0%. The stock has been underperforming, having fallen for the last four consecutive days, resulting in a total decline of 7.75% over the past week. Today's trading saw the stock touch an intraday low of Rs 989.1, and it has been trading in a narrow range with significantly reduced investor participation, as evidenced by a 92.09% drop in delivery volume compared to the five-day average. Despite having a high return on equity (ROE) of 29.13% and a low debt-to-equity ratio, the company has faced poor long-term growth, with net sales and operating profit declining over the past five years, which negatively impacts investor sentiment.
Broader market context indicates that while the Sensex has gained 2.94% over the past week, Revathi Equipment's stock has significantly lagged behind, highlighting its underperformance relative to the benchmark. The company's negative financial results, including a 63.25% drop in profit after tax and a 34.65% decline in net sales over the last six months, further contribute to the stock's downward trend. Although the stock has shown some positive valuation metrics, the overall negative growth trajectory and recent poor performance have led to a lack of investor confidence, resulting in the current price decline.