Why is Rishi Laser falling/rising?

As of 13-Oct, Rishi Laser Ltd's stock price is currently at 130.50, reflecting a decline of 0.5, or 0.38%. The stock has been experiencing a downward trend, having lost value for the last three days, resulting in a total drop of 2.97% during this period. Additionally, Rishi Laser is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish sentiment. The delivery volume has also decreased by 10.37% compared to the 5-day average, suggesting a decline in investor participation. The stock has underperformed significantly over various time frames, with a year-to-date decline of 11.13% compared to a 5.36% increase in the benchmark Sensex.
In the broader market context, Rishi Laser's short-term performance contrasts sharply with the Sensex, which has gained 0.66% over the past week while Rishi Laser has dropped 3.48%. This underperformance highlights the stock's struggles relative to the overall market. Despite a remarkable 464.94% increase over the past three years, the recent trends indicate a significant downturn, with the stock's performance lagging behind the benchmark in both the short and long term. The absence of any positive factors in the provided data further emphasizes the challenges Rishi Laser is currently facing in the market.