Why is Amarjothi Spg. falling/rising?

As of 29-Oct, Amarjothi Spinning Mills Ltd is experiencing a decline in its stock price, currently at Rs 147.80, which reflects a decrease of Rs 1.4 or 0.94%. The stock has underperformed its sector by 1.23% today and has been on a downward trend, losing value for the last two days with a total decline of 1.85%. Additionally, the stock is trading below all its moving averages (5-day, 20-day, 50-day, 100-day, and 200-day), indicating a bearish trend. The stock is also close to its 52-week low, being just 4.84% away from Rs 141.5. Furthermore, there has been a significant drop in investor participation, with delivery volume falling by 70.59% compared to the 5-day average, which suggests reduced interest from investors.
In the broader market context, Amarjothi Spinning Mills Ltd's performance has been notably weaker compared to the benchmark Sensex. Over the past week, the stock has decreased by 1.63%, while the Sensex has gained 0.68%. In the last month, the stock has fallen by 4.27%, contrasting with the Sensex's rise of 5.76%. Year-to-date, Amarjothi's decline of 32.45% starkly contrasts with the Sensex's growth of 8.78%. This significant underperformance relative to the benchmark indicates that market sentiment is unfavorable towards the stock, contributing to its recent price decline.