Why is Rishi Laser falling/rising?

As of 25-Aug, Rishi Laser Ltd's stock price is currently at 141.70, reflecting a decrease of 0.3, or 0.21%. The stock has underperformed its sector by 1.32% today and has experienced a trend reversal after two consecutive days of gains. Additionally, the stock's delivery volume has fallen by 29.1% compared to the five-day average, indicating a decline in investor participation. Over the past year, Rishi Laser has generated a return of -8.73%, despite a 2.2% increase in profits, which suggests that while the company is profitable, its stock performance has not met investor expectations. The company's low Return on Capital Employed (ROCE) of 8.78% points to poor management efficiency, further contributing to the stock's downward movement.
In the broader market context, Rishi Laser's short-term performance over the past week shows a gain of 0.35%, which is slightly below the Sensex's gain of 0.45%. However, the stock's year-to-date performance is notably worse than the benchmark, with a decline of 3.51% compared to the Sensex's increase of 4.48%. This underperformance, combined with the stock trading at a discount to its peers and the flat results reported in June, suggests that while there are attractive valuation metrics, the overall sentiment remains negative due to management inefficiencies and recent financial results.