Why is Ritesh Intl. falling/rising?

As of 26-Aug, Ritesh International Ltd is experiencing a decline in its stock price, currently at Rs 26.41, which reflects a decrease of 1.39 (-5.0%). The stock has underperformed its sector by 3.13% today and has been on a downward trend for the last two days, resulting in a total fall of 5.51%. It opened with a loss of 4.14% and reached an intraday low of Rs 26.41. Over the past week, the stock has decreased by 2.19%, and in the last month, it has seen a significant drop of 27.08%. Despite the company reporting positive results over the last five consecutive quarters, including a 42.46% growth in net sales and a 350% increase in profits over the past year, the stock is trading below its moving averages and has seen a substantial decline in investor participation, with delivery volume dropping by 67.41% compared to the five-day average.
In the broader market context, Ritesh International Ltd's performance has been notably worse than the benchmark Sensex, which has only declined by 1.05% over the past week. The stock's year-to-date performance shows a decline of 14.06%, contrasting sharply with the Sensex's gain of 3.39%. This underperformance is compounded by the stock's significant drop over the past three years, where it has plummeted by 66.78%, while the Sensex has increased by 37.31%. The liquidity of the stock remains adequate for trading, but the overall negative sentiment and recent price movements indicate a challenging environment for Ritesh International Ltd.