Why is Bhilwara Spinner falling/rising?

As of 15-Sep, Bhilwara Spinners Ltd is experiencing a decline in its stock price, currently at Rs 120.00, which reflects a decrease of Rs 0.25 or 0.21%. The stock has been underperforming recently, having fallen for three consecutive days with a total return of -2.44% during this period. It is also trading lower than its moving averages across various time frames, indicating a bearish trend. Additionally, the stock is close to its 52-week low, being only 3.5% away from Rs 115.8. In terms of performance against benchmarks, the stock has shown a year-to-date decline of 19.46%, while the Sensex has gained 4.67% during the same period.
In the broader market context, the stock's short-term performance has lagged behind the Sensex, which has increased by 1.24% over the past week, while Bhilwara Spinners has decreased by 4.00%. This underperformance is compounded by the fact that, despite a significant rise in delivery volume, indicating increased investor participation, the stock's overall liquidity remains low, with only 2% of the five-day average traded value. The lack of available positive factors further suggests that the stock is struggling to gain traction in a market that is otherwise showing positive momentum.