Why is Akshar Spintex falling/rising?

As of 13-Oct, Akshar Spintex Ltd is experiencing a decline in its stock price, currently at 0.68, which reflects a decrease of 0.05 or 6.85%. The stock has underperformed its sector by 6.47% today, marking a trend reversal after four consecutive days of gains. Despite this recent drop, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend prior to this decline. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 103.31% against the 5-day average, suggesting heightened interest in the stock. However, the stock's year-to-date performance shows a decline of 9.33%, and its one-year return is down by 55.56%, indicating longer-term challenges.
In the broader market context, Akshar Spintex's recent performance contrasts sharply with the benchmark Sensex, which has shown a modest increase of 0.66% over the past week and 5.36% year-to-date. While the stock has outperformed the benchmark in the short term, with a 17.24% increase over the past week and a 19.30% increase over the past month, its longer-term performance remains weak compared to the Sensex. The significant drop today could be attributed to profit-taking after the recent gains, alongside the stock's overall negative trajectory over the past year and three years, where it has underperformed the market significantly.