Why is Rishi Techtex falling/rising?

As of 22-Jul, Rishi Techtex Ltd's stock price is currently at Rs 54.05, reflecting a decrease of Rs 2.45 or 4.34%. The stock has underperformed its sector by 4.9% today and has experienced a trend reversal after two consecutive days of gains. It reached an intraday low of Rs 54.05, and its delivery volume has significantly dropped by 83.84% compared to the 5-day average, indicating falling investor participation. Over the past week, the stock has declined by 1.64%, and over the past month, it has fallen by 9.16%, while the year-to-date performance shows a slight decline of 1.64%. Despite these declines, the company has reported positive financial metrics, such as a record high return on capital employed (ROCE) of 10.39% and a significant increase in net sales, which suggests that the stock may be undervalued compared to its peers.
In the broader market context, Rishi Techtex's recent performance contrasts with the Sensex, which has seen a minor decline of 0.47% over the past week and a slight increase of 5.18% year-to-date. This indicates that while the stock is struggling, the overall market has been relatively stable. The company's long-term performance is notable, with a 3-year return of 106.69% and a 5-year return of 232.62%, suggesting that the stock has historically outperformed the benchmark. However, the recent negative price movement may be attributed to a combination of reduced investor interest and the stock's current trading position below several moving averages, despite its attractive valuation metrics and improving profitability.