Why is Acknit Indus. falling/rising?

As of 24-Sep, Acknit Industries Ltd is currently priced at 290.35, reflecting a decrease of 1.5, or 0.51%. The stock has been experiencing a downward trend, having fallen for the last two days with a total decline of 3.22% during this period. Despite opening with a gain of 6.18% today and reaching an intraday high of Rs 311.85, it also touched a low of Rs 285. The stock's performance over the past week shows a slight decline of 0.26%, while it has dropped 4.80% year-to-date. The stock's trading volume has seen a rise, with a 23.12% increase in delivery volume against the 5-day average, indicating some investor interest, although the overall trend remains negative.
In the broader market context, the Sensex has declined by 1.18% over the past week, which is a more significant drop compared to Acknit Industries' performance. This suggests that while the stock is underperforming relative to the benchmark, it is not entirely isolated from the broader market trends. Over the past month, Acknit Industries has decreased by 3.86%, contrasting with a modest gain of 0.50% for the Sensex. The stock's longer-term performance shows a significant increase of 77.04% over three years, but a decline of 11.21% over the past year, indicating volatility and potential challenges in maintaining investor confidence.