Why is Rolex Rings falling/rising?

As of 19-Sep, Rolex Rings Ltd is experiencing a decline in its stock price, currently at 1,380.90, reflecting a decrease of 13.15 points or 0.94%. The stock has been underperforming, having lost 1.72% over the last four days, and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the delivery volume has decreased by 26.28% compared to the 5-day average, indicating falling investor participation. Over the past year, the stock has generated a return of -43.82%, significantly underperforming against the benchmark, with net sales and operating profit growth rates of only 10.18% and 8.89%, respectively, over the last five years. Despite high management efficiency and strong institutional holdings, the stock's expensive valuation and consistent underperformance against benchmarks contribute to its recent decline.
In the broader market context, Rolex Rings has underperformed the Sensex, which has gained 0.88% over the past week while the stock itself has dropped by 1.29%. This trend of underperformance is evident over longer periods as well, with the stock showing a year-to-date decline of 25.24% compared to the Sensex's increase of 5.74%. The company's low debt to EBITDA ratio and high return on equity suggest some financial stability; however, the overall negative sentiment surrounding its growth prospects and valuation has led to a lack of investor confidence, further exacerbating its stock price decline.