Why is Bhilwara Tech falling/rising?

As of 29-Jul, Bhilwara Technical Textiles Ltd is experiencing a decline in its stock price, currently at Rs 52.50, which represents a decrease of Rs 1.1 or 2.05%. The stock has been underperforming recently, having fallen for six consecutive days, resulting in a total decline of 11.76% during this period. Today's trading saw the stock reach an intraday high of Rs 54.99 but ultimately closed lower. The stock's performance over the past week shows a significant drop of 11.27%, while it has outperformed the benchmark Sensex over the longer term, with a 15.11% increase over the past month and a 16.38% rise over the past year. However, the company is facing challenges, including operating losses and a weak ability to service its debt, which has contributed to its current price movement.
In the broader market context, the stock's recent performance contrasts sharply with the Sensex, which has only declined by 1.03% over the past week. Despite the company's long-term market-beating performance, the recent negative financial results, including a significant drop in net sales and profitability, have raised concerns among investors. Additionally, the falling investor participation and liquidity issues, with a notable decrease in delivery volume, further indicate a lack of confidence in the stock. Overall, while Bhilwara Technical Textiles Ltd has shown strong returns in the long term, the current financial difficulties and negative trends are driving its recent price decline.