Why is Rhetan TMT Ltd falling/rising?

As of 18-Nov, Rhetan TMT Ltd's stock price is currently at Rs. 22.57, reflecting a decline of Rs. 2.53 or 10.08%. Today, the stock has underperformed its sector by 8.86% and has experienced a trend reversal after four consecutive days of gains. It reached a new 52-week high of Rs. 25.28 earlier today but subsequently fell to an intraday low of Rs. 22.51. The stock has shown high volatility with an intraday volatility of 7.57% and has traded in a wide range of Rs. 2.77. Despite generating a return of 21.74% over the past year, the company has faced challenges, including a significant decline in net sales and low profitability, which may have contributed to the recent price drop.
In the broader market context, Rhetan TMT Ltd has outperformed the benchmark Sensex over the past week and month, with returns of 3.63% and 3.25%, respectively, compared to the Sensex's 0.96% and 0.86%. However, the stock's year-to-date performance shows a decline of 2.00%, while the Sensex has risen by 8.36%. The weak long-term fundamental strength, indicated by a -8.10% CAGR growth in net sales over the last five years and low domestic mutual fund interest, suggests that investor confidence may be waning, contributing to the stock's current downward movement.