Why is Ambika Cotton falling/rising?

As of 13-Aug, Ambika Cotton Mills Ltd is experiencing a decline in its stock price, currently at Rs 1,411.75, which reflects a decrease of Rs 28.25 or 1.96%. The stock has underperformed its sector by 2.3% today and has seen a trend reversal after two consecutive days of gains. It touched an intraday low of Rs 1,400, representing a drop of 2.78%. Over the past week, the stock has decreased by 5.38%, and it has also shown a significant decline of 12.59% over the past month. The company has a low Debt to Equity ratio and a fair valuation with a Price to Book Value of 0.9, but it is trading at a premium compared to its peers. The stock's performance has been hindered by a 15.86% decline in returns over the past year, coupled with a 20.87% drop in net sales over the last six months.
In the broader market context, the Sensex has remained relatively stable, with only a slight decline of 0.01% over the past week, contrasting sharply with Ambika Cotton's significant drop. The stock's performance has consistently lagged behind the benchmark, with a 16.59% decline over the last three years compared to the Sensex's gain of 35.45%. Despite a recent increase in institutional investor participation, which rose by 0.53% in the previous quarter, the overall sentiment remains negative due to poor long-term growth prospects and consistent underperformance against the benchmark. This combination of factors contributes to the stock's current downward trajectory.