Why is Bhilwara Tech falling/rising?

As of 29-Sep, Bhilwara Technical Textiles Ltd is experiencing a decline in its stock price, currently at Rs 41.00, which represents a decrease of 1.36 (-3.21%). The stock has been underperforming, having lost 9.49% over the last eight days, and it is trading below all key moving averages, indicating a bearish trend. Additionally, the stock has shown a significant decline of 10.87% over the past month and 19.13% over the past year, while the benchmark Sensex has performed relatively better, with a slight increase of 0.70% over the same month and a decrease of only 6.08% over the year. The rising investor participation, with a notable increase in delivery volume, suggests some interest, but it has not been enough to counter the overall downward movement.
Broader Market Context: In the short term, Bhilwara Tech's performance has been significantly worse than the benchmark, as it has declined by 7.55% over the past week compared to the Sensex's decline of only 2.18%. This stark contrast highlights the stock's weakness relative to the broader market. The liquidity of the stock appears adequate for trading, but the persistent downward trend and underperformance against both the sector and the benchmark indicate ongoing challenges for the company.