Why is Rites falling/rising?

As of 28-Jul, Rites Ltd. is experiencing a decline in its stock price, currently at Rs 263.60, reflecting a decrease of 1.0 (-0.38%). The stock has been on a downward trend, having fallen consecutively for the last five days, resulting in a 4.51% drop over that period. Despite touching an intraday high of Rs 272.65 today, the stock's performance has been underwhelming, with a year-to-date decline of 9.65% compared to a positive return of 3.52% for the Sensex. However, it has outperformed its sector by 2.47% today, and there has been a notable increase in investor participation, with delivery volume rising by 157.73% against the five-day average. The company also boasts a high dividend yield of 3.25%, which may attract some investors.
In the broader market context, Rites Ltd.'s recent performance contrasts sharply with the benchmark, as it has underperformed the Sensex over various time frames, including a 6.02% decline over the past month compared to a 3.77% drop in the index. While the stock has shown impressive growth over the longer term, with a 102.54% increase over three years, the current short-term challenges are significant. The company's recent positive results, including a 52.1% growth in profit before tax, and strong management efficiency with a high return on equity, suggest potential for recovery. However, the overall market sentiment, particularly in the railways sector, which has fallen by 2.82%, may be weighing on Rites Ltd.'s stock price.