Why is Acknit Indus. falling/rising?

As of 08-Sep, Acknit Industries Ltd is currently priced at 297.00, showing no change (0.00%). The stock has underperformed its sector today by 1.04%, and while it is trading higher than its 5-day, 20-day, 100-day, and 200-day moving averages, it is lower than its 50-day moving average. Additionally, there has been a significant decline in investor participation, with delivery volume dropping by 67.33% compared to the 5-day average. Over the past month, the stock has decreased by 0.98%, and year-to-date, it has fallen by 2.62%. The one-year return shows a decline of 3.10%, indicating a challenging period for the stock despite a strong performance over the last three and five years.
In the broader market context, the Sensex has outperformed Acknit Industries Ltd in the short term, with a 1-week return of +0.53% compared to the stock's +0.30%. Over the past month, the Sensex has increased by 1.16%, while Acknit has seen a decline. This underperformance against the benchmark may contribute to the stock's stagnant price movement and reduced investor interest. The overall market conditions appear to favor the benchmark index, which could be influencing the lack of upward momentum in Acknit's stock price.