Why is RIR Power Electr falling/rising?

As of 19-Nov, RIR Power Electronics Ltd's stock price is currently at Rs 234.85, reflecting a decline of Rs 12.35 or 5.0%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 12.6% during this period. Over the past week, the stock has decreased by 10.87%, and over the last month, it has seen a significant drop of 24.74%. Despite these recent declines, the company has shown strong financial fundamentals, including a low Debt to EBITDA ratio of 1.15 times and positive quarterly results, such as the highest cash and cash equivalents at Rs 43.72 crore. Additionally, institutional investor participation has increased, indicating confidence in the company's long-term prospects.
In the broader market context, the stock's performance has notably lagged behind the benchmark Sensex, which has gained 0.85% over the past week while RIR Power has dropped. This underperformance is further highlighted by the stock's decline of 24.74% over the past month compared to the Sensex's modest gain of 1.47%. The stock's liquidity remains adequate, with a delivery volume increase of 41.48% against the five-day average, suggesting some level of investor interest despite the recent price drop. Overall, while the stock has shown strong long-term returns, its recent performance reflects short-term volatility and market sentiment challenges.