Why is Revathi Equip falling/rising?

As of 26-Sep, Revathi Equipment India Ltd's stock price is currently at 1,114.00, reflecting a decline of 49.5 points or 4.25%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total drop of 11.65% during this period. Today, it opened with a loss of 3.65% and reached an intraday low of Rs 1106.1. Additionally, the stock's performance over the past week shows a decrease of 2.60%, while it has significantly outperformed the benchmark Sensex over the past month with a gain of 36.82%. However, the stock's year-to-date performance is concerning, with a decline of 43.94%. Despite a high management efficiency indicated by a return on equity (ROE) of 22.55% and a low debt-to-equity ratio, the stock's valuation remains under pressure due to a substantial year-over-year loss of 67.25% and a 35% drop in profits.
Broader Market Context: In the context of the broader market, Revathi Equipment's recent performance has been slightly better than the Sensex, which has decreased by 2.66% over the past week. However, the stock's liquidity appears to be diminishing, as evidenced by a 40.84% drop in delivery volume compared to the five-day average. This decline in investor participation, coupled with the stock's recent price movements, suggests a lack of confidence among investors. While the stock has shown some attractive valuation metrics, the overall negative sentiment and significant losses over the past year are likely contributing to its current downward trajectory.