Why is Akshar Spintex falling/rising?

As of 07-Nov, Akshar Spintex Ltd's stock price is currently at 0.57, reflecting a decrease of 0.01 or 1.72%. The stock has been underperforming, having lost 5% over the last two days and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the delivery volume has significantly decreased by 37.47% compared to the 5-day average, indicating falling investor participation. The stock has also shown poor performance over various time frames, with a year-to-date decline of 24.00% and a staggering 71.75% drop over the past three years, which further emphasizes its negative trajectory.
In the broader market context, Akshar Spintex's recent performance contrasts sharply with the benchmark Sensex, which has gained 6.50% year-to-date. Over the past week, while the Sensex has only declined by 0.86%, Akshar Spintex has fallen by 3.39%, highlighting its underperformance relative to the market. This disparity suggests that while the overall market may be stabilizing or improving, Akshar Spintex continues to struggle, reflecting broader issues specific to the company rather than the market as a whole.