Why is Rudrabhish. Ent. falling/rising?

As of 23-Sep, Rudrabhishek Enterprises Ltd is experiencing a decline in its stock price, currently at Rs. 144.66, which reflects a decrease of Rs. 1.12 or 0.77%. The stock has hit a new 52-week low of Rs. 143.4 today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has fallen by 5.07%, and it has underperformed significantly over the past month and year, with returns of -11.37% and -28.29%, respectively. Additionally, the company has seen a drop in investor participation, with delivery volume decreasing by 20.73% compared to the 5-day average. While the company has a low debt-to-equity ratio and an attractive valuation with a price-to-book value of 1.8, its profits have declined by 0.9% over the past year, contributing to the stock's downward trend.
In the broader market context, the stock's performance has been notably weaker than the benchmark, with the Sensex showing a slight increase of 1.20% over the past month, contrasting with Rudrabhishek's significant decline. The company has consistently underperformed against the benchmark over the last three years, with a return of -51.49% year-to-date compared to the Sensex's gain of 6.45%. The negative financial results, including a 26.9% drop in net sales and a 20.08% decrease in profit after tax, further highlight the challenges facing the company. This combination of poor long-term growth prospects and negative financial indicators has led to a bearish sentiment among investors, resulting in the stock's current decline.