Why is RSD Finance falling/rising?

As of 18-Jul, RSD Finance Ltd's stock price is currently at 99.15, reflecting a decrease of 0.25, or 0.25%. The stock has been experiencing a downward trend, having fallen for the last three consecutive days, resulting in a total decline of 5.57% during this period. Additionally, RSD Finance is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish sentiment. The stock has generated a return of -44.45% over the past year, with profits declining by 5.4%. Despite having an attractive valuation with a Price to Book Value of 0.6 and a reasonable ROE of 6.3, the stock's weak long-term fundamentals and poor recent performance contribute to its current decline.
In the broader market context, RSD Finance's short-term performance of +1.17% over the past week contrasts with the Sensex, which has decreased by 0.90%. However, the stock's year-to-date performance shows a significant underperformance compared to the benchmark, with a decline of 47.51% against the Sensex's gain of 4.63%. This stark difference highlights the challenges RSD Finance faces in attracting investor interest, as evidenced by a 65.53% drop in delivery volume compared to the 5-day average. Overall, the combination of negative financial results, falling investor participation, and poor relative performance against the market contributes to the stock's downward trajectory.