Why is Arvind Ltd falling/rising?

As of 08-Aug, Arvind Ltd's stock price is currently at 298.25, reflecting a decrease of 2.8, or 0.93%. The stock has been on a downward trend, having fallen consecutively for the last four days, resulting in a total decline of 5.78% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Despite this, there has been a rise in investor participation, with delivery volume increasing by 9.8% compared to the 5-day average. Over the past week, Arvind Ltd has underperformed the benchmark Sensex, with a decline of 5.17% compared to the Sensex's 0.92% drop.
In the broader market context, Arvind Ltd's year-to-date performance shows a significant decline of 27.29%, contrasting sharply with the Sensex, which has gained 2.20% during the same period. This stark difference highlights the stock's struggles relative to the overall market. While the stock has outperformed its sector by 0.51% today, the overall negative sentiment and consecutive losses suggest ongoing challenges for Arvind Ltd. Unfortunately, there is no available information regarding positive or negative factors that could further clarify the stock's recent movements.