Why is RSC Internl. falling/rising?

As of 25-Jul, RSC International Ltd's stock price is currently at Rs 38.50, reflecting a decrease of Rs 1.34 or 3.36%. The stock has underperformed its sector by 0.49% today and opened with a significant loss of 4.59%. It reached an intraday low of Rs 38.01. Over the past week, the stock has declined by 7.43%, and in the last month, it has fallen by 23.57%. Despite a remarkable annual return of 181.02%, the company faces challenges such as operating losses, weak long-term fundamentals, and a negative EBITDA, which have contributed to the recent decline in stock price. Additionally, a notable decrease in promoter confidence, with a 36.9% reduction in their stake, signals potential concerns about the company's future.
In the broader market context, the stock's performance contrasts sharply with the benchmark Sensex, which has only seen a slight decline of 0.36% over the past week. The textile sector, in which RSC operates, has also experienced a downturn, falling by 2.97%. While the stock has shown strong long-term returns, the recent poor performance and negative sentiment surrounding the company's financial health have led to a significant drop in its price. The overall market has generated negative returns of -0.19% in the last year, yet RSC's substantial gains over the past year highlight the volatility and risks associated with its current trading conditions.