Why is Bhandari Hosiery falling/rising?

As of 01-Sep, Bhandari Hosiery Exports Ltd is experiencing a decline in its stock price, currently at 4.94, reflecting a decrease of 0.01 or 0.2%. The stock has been underperforming, having fallen consecutively for the last six days, resulting in a total decline of 6.08% during this period. Additionally, the stock has shown negative returns over various time frames, including a 1-week decline of 3.14% and a 1-month decrease of 4.45%. Despite a rising investor participation indicated by a 36.86% increase in delivery volume, the stock is trading below its moving averages across multiple time frames. The company's fundamentals are also concerning, with a weak long-term growth outlook and a high Debt to EBITDA ratio, contributing to its negative performance.
In the broader market context, Bhandari Hosiery's recent performance contrasts with the benchmark Sensex, which has seen a decline of only 1.56% over the past week. The stock's year-to-date performance is particularly poor, with a drop of 29.93%, while the Sensex has gained 2.85% during the same period. This stark difference highlights the stock's struggles relative to the overall market. Furthermore, the company has reported a significant decline in key financial metrics, including a 16.6% drop in PAT and a 9.7% decrease in net sales compared to previous quarters, further exacerbating investor concerns and contributing to the stock's downward trajectory.