Why is RMC Switchgears falling/rising?

As of 24-Jul, RMC Switchgears Ltd's stock price is currently at Rs 840.00, reflecting a decline of Rs 10.0 or 1.18%. The stock has been underperforming recently, having fallen for the last three days with a total drop of 2.18%. Today's trading saw the stock reach an intraday low of Rs 825, which is a decrease of 2.94%. In terms of performance, the stock has shown a year-to-date decline of 25.00%, despite a strong one-year return of 36.59%. Additionally, there has been a notable decrease in investor participation, with delivery volume dropping by 14.82% compared to the five-day average, indicating reduced interest among investors.
Broader Market Context: In the context of the benchmark index, the Sensex has experienced a slight decline of 0.09% over the past week, while RMC Switchgears has remained flat at 0.00% during the same period. This suggests that the stock's recent performance is not entirely out of line with the broader market trends. However, the significant year-to-date decline of 25.00% for RMC Switchgears contrasts sharply with the Sensex's positive return of 5.18%, highlighting the stock's struggles in the current market environment. Overall, the combination of falling investor participation and recent price declines contributes to the stock's downward movement.