Why is Bannari Amm Spg. falling/rising?

As of 05-Aug, Bannari Amman Spinning Mills Ltd is experiencing a decline in its stock price, currently at Rs 29.00, reflecting a decrease of Rs 0.5 or 1.69%. The stock has been underperforming significantly, with a consecutive fall over the last four days resulting in a total decline of 5.45%. Additionally, it is trading below all key moving averages, indicating a bearish trend. The stock is also close to its 52-week low, just 2.69% above the low of Rs 28.22. The recent performance has shown a substantial drop of 45.79% year-to-date, compared to a modest gain of 3.29% in the benchmark index, Sensex.
In the broader market context, Bannari Amman Spinning Mills Ltd's short-term performance has been notably worse than the Sensex, which has only declined by 0.77% over the past week. The stock's performance over the last month and year also highlights its struggles, with declines of 14.33% and 46.30%, respectively, while the Sensex has shown positive returns in the same periods. Despite a rise in investor participation, as indicated by an increase in delivery volume, the overall sentiment remains negative, contributing to the stock's downward trajectory. The absence of positive factors in the dashboard further underscores the challenges faced by the company in the current market environment.