Why is Revathi Equip falling/rising?

As of 29-Aug, Revathi Equipment India Ltd's stock price is currently at 834.95, reflecting an increase of 4.3 (0.52%). Despite this recent uptick, the stock has been underperforming, with a 1-week return of -4.14% and a 1-month return of -16.84%. Today's performance shows that the stock opened down by 4.77%, hitting a new 52-week low of Rs 791, and has been trading below all key moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 78.94% against the 5-day average. Although the company boasts a high return on equity (ROE) of 24.03% and a low debt-to-equity ratio, these positive factors are overshadowed by a concerning trend of declining net sales and operating profit over the past five years, leading to negative results in recent quarters.
In the broader market context, Revathi Equipment's performance contrasts sharply with the Sensex, which has shown a year-to-date increase of 2.14%. The stock's recent gains over the last two days, amounting to 2.55%, do not mitigate its overall poor performance, especially when compared to the benchmark's -1.88% return over the past month. The significant decline in net sales and profits, along with three consecutive quarters of negative results, raises concerns about the company's long-term growth prospects, contributing to the stock's volatility and overall downward trend in the market.