Why is AB Cotspin falling/rising?

As of 05-Aug, AB Cotspin India Ltd is experiencing a decline in its stock price, currently at Rs 410.00, which reflects a decrease of Rs 12.9 or 3.05%. Today's trading activity has shown significant volatility, with the stock opening at a high of Rs 448, representing a gain of 5.94%, but subsequently dropping to a low of Rs 407.5, marking a decrease of 3.64%. The stock has underperformed its sector by 2.62% today, and there has been a notable drop in investor participation, with delivery volume falling by 95.33% compared to the 5-day average. Additionally, AB Cotspin is trading below all its moving averages, indicating a bearish trend. Over the past week and month, the stock has also underperformed, with returns of -1.64% and -6.53%, respectively, while it has shown a strong performance over the past year with a return of 95.24%.
In the broader market context, the Sensex has experienced a slight decline of 0.69% over the past week and 3.19% over the past month, indicating that the overall market sentiment is somewhat negative but not as severe as AB Cotspin's performance. Year-to-date, while the stock has declined by 7.49%, the Sensex has gained 4.25%, highlighting a significant divergence in performance. This underperformance relative to the benchmark suggests that factors specific to AB Cotspin, such as high volatility and reduced trading activity, are contributing to its recent price decline, despite its strong long-term performance over the past three years, where it has increased by 981.79%.