Why is Anjani Synth. falling/rising?

As of 23-Oct, Anjani Synthetics Ltd is experiencing a decline in its stock price, currently at Rs. 25.90, which represents a decrease of Rs. 1.2 or 4.43%. The stock has hit a new 52-week low of Rs. 24.74 today and has underperformed its sector by 5.7%. It has shown significant volatility, with an intraday range of Rs. 3.06, and the trading volume has decreased substantially, with delivery volume falling by 60.27% against the 5-day average. Additionally, the stock is trading below all key moving averages, indicating a bearish trend. Over the past week, the stock has declined by 6.57%, and its year-to-date performance shows a significant drop of 44.14%.
In the broader market context, the Sensex has increased by 1.30% over the past week, contrasting sharply with Anjani Synthetics' decline. This underperformance highlights the stock's struggles relative to the overall market. Over the past month, while the Sensex has gained 2.99%, Anjani Synthetics has seen a much steeper decline of 19.06%. This disparity suggests that investor sentiment towards Anjani Synthetics is weak, particularly in light of falling participation and liquidity, which further exacerbates the stock's challenges in a rising market environment.