Why is RIR Power Electr falling/rising?

As of 29-Jul, RIR Power Electronics Ltd is experiencing a decline in its stock price, currently at Rs 266.40, which reflects a decrease of Rs 11.9 or 4.28%. The stock has underperformed its sector by 5.23% today and has been on a downward trend for the last two days, accumulating a total loss of 9.05%. It opened with a significant gap down of 4.99% and reached an intraday low of Rs 264.4. Despite this recent decline, the stock has shown impressive returns over the longer term, with a 182.98% increase over the past year and a staggering 2388.56% rise over the last three years. The company has maintained a low debt-to-equity ratio and has reported positive results for the last five consecutive quarters, which indicates strong operational performance.
In the broader market context, while RIR Power Electronics has outperformed the Sensex significantly over various periods, including a 95.88% increase in the last month compared to the benchmark's decline of 3.24%, the recent short-term performance has been negative. The stock's decline today contrasts sharply with its strong historical performance, suggesting that current market sentiment may be influenced by falling investor participation, as evidenced by a 16.2% drop in delivery volume compared to the five-day average. This decline in participation, coupled with the stock's recent price movements, indicates a potential shift in investor confidence despite the company's solid fundamentals.