Why is Revathi Equip falling/rising?

As of 03-Jul, Revathi Equipment India Ltd's stock price is currently at Rs 957.25, reflecting a decrease of Rs 19.5 or 2.0%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 3.79% during this period. Today's performance indicates high volatility, with an intraday volatility of 76.08%, and the stock has touched a day's low of Rs 957.25. Over the past week, the stock has declined by 3.22%, contrasting with a 6.07% increase over the past month. Despite a high return on equity (ROE) of 29.13% and a low debt-to-equity ratio, the company has faced significant challenges, including a 35% drop in profits over the past year and negative growth in net sales and operating profit over the last five years, which contribute to the stock's recent downward movement.
In the broader market context, Revathi Equipment's recent performance has been notably weaker compared to the benchmark Sensex, which has only decreased by 0.62% over the past week. While the stock has shown a positive return of 6.07% over the past month, its year-to-date performance is concerning, with a staggering decline of 51.83% compared to the Sensex's gain of 6.53%. This stark contrast highlights the stock's struggles in the face of broader market trends, further exacerbated by poor long-term growth prospects and negative financial results, leading to a lack of investor confidence and contributing to the stock's current decline.