Why is Bhandari Hosiery falling/rising?

As of 24-Jul, Bhandari Hosiery Exports Ltd is experiencing a decline in its stock price, currently at 5.53, which reflects a decrease of 0.06 or 1.07%. The stock has been underperforming, having fallen for the last three consecutive days, resulting in a total decline of 2.81% during this period. Additionally, the stock's performance today has underperformed its sector by 1.09%. In terms of returns, the stock has shown a significant year-to-date decline of 21.56% and a one-year decline of 26.17%, while it has outperformed the benchmark in the three-year period with a return of 2.83%. However, the recent delivery volume has decreased by 54.83% compared to the five-day average, indicating falling investor participation, which may contribute to the stock's downward movement.
In the broader market context, the Sensex has shown a slight decline of 0.09% over the past week, while Bhandari Hosiery's stock has declined by 2.98% in the same timeframe, indicating a more significant drop relative to the benchmark. Although the stock has performed better than the benchmark over the last three years, its recent performance contrasts sharply with the Sensex's positive return of 5.18% year-to-date. This disparity suggests that while the broader market may be stabilizing or improving, Bhandari Hosiery is struggling to maintain investor confidence, reflected in its recent price movements and declining trading volumes.