Why is Revathi Equip falling/rising?

As of 02-Jul, Revathi Equipment India Ltd's stock price is currently at 976.75, reflecting a decrease of 15.25 points or 1.54%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 1.83% during this period. Additionally, the stock has shown high volatility today with an intraday volatility of 669.83%. Over the past week, the stock has decreased by 3.22%, while it has performed better over the past month with a gain of 13.18%. However, year-to-date, the stock has significantly underperformed with a decline of 50.85%. Factors contributing to this downward trend include a poor long-term growth outlook, as evidenced by a -16.00% annual rate of net sales growth and a -26.82% decline in operating profit over the last five years. Despite a high return on equity (ROE) of 29.13% and a low debt-to-equity ratio, the company's profits have fallen by 35% over the past year, which raises concerns among investors.
In the broader market context, the stock's recent performance contrasts sharply with the Sensex, which has gained 0.79% over the past week and 6.75% year-to-date. This disparity highlights the stock's struggle to attract investor confidence compared to the overall market. The stock's underperformance is further emphasized by its negative returns relative to the benchmark, particularly in the short term, where it has lagged behind the Sensex. The falling investor participation, indicated by a 45.42% drop in delivery volume, suggests a lack of interest in the stock, which could be contributing to its declining price. Overall, the combination of poor financial performance, high volatility, and decreasing investor engagement is leading to the stock's downward movement.