Why is Alok Industries falling/rising?

As of 26-Aug, Alok Industries Ltd's stock price is currently at 17.64, reflecting a decrease of 0.42, or 2.33%. The stock has been on a downward trend, losing value for the last five consecutive days, with a total decline of 5.72% over that period. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating weak momentum. The company has reported negative results for the last five quarters, with net sales and profit after tax both declining by 23.84%. Additionally, the company has a negative book value and high debt levels, contributing to its classification as a strong sell. The lack of investor confidence is further reflected in the reduced delivery volume, which has fallen by 26.48% compared to the 5-day average. In the broader market context, Alok Industries has underperformed compared to the benchmark Sensex, which has only declined by 1.05% over the past week, while Alok's stock has dropped 5.72%. The textile sector, in which Alok operates, has also seen a decline of 2.61%, indicating sector-wide challenges. The company's long-term performance is concerning, with a 36.71% drop in stock value over the past year, contrasting sharply with the Sensex's positive return of 3.39% year-to-date. The limited interest from domestic mutual funds, holding only 0.45% of the company, suggests a lack of confidence in Alok Industries' future prospects, further contributing to the stock's downward trajectory.