Why is Adinath Textiles falling/rising?

As of 28-Oct, Adinath Textiles Ltd is experiencing a decline in its stock price, currently at Rs 28.25, which reflects a decrease of Rs 1.25 or 4.24%. The stock has been underperforming, having fallen consecutively for the last two days with a total decline of 7.56%. Despite opening the day with a gain of 4.75% and reaching an intraday high of Rs 30.9, it has also touched a low of Rs 28.03. The stock's performance over the past week shows a decline of 3.25%, while it has increased by 17.86% over the past month. However, it has underperformed the sector by 4.54% today, and there has been a significant drop in investor participation, with delivery volume falling by 48.49% compared to the 5-day average.
Broader Market Context: In comparison to the benchmark Sensex, which has gained 0.24% over the past week, Adinath Textiles' short-term performance is notably weaker. While the stock has shown positive returns over the past month and year-to-date, its longer-term performance is concerning, with a 16.79% decline over the past three years compared to the Sensex's 41.14% increase. This broader market context indicates that while there may be some short-term volatility in Adinath Textiles' price, the overall trend suggests a struggle to keep pace with market benchmarks, contributing to the current downward movement in its stock price.