Why is Bombay Dyeing falling/rising?

As of 07-Aug, Bombay Dyeing & Manufacturing Company Ltd is experiencing a decline in its stock price, currently at Rs 164.00, which reflects a decrease of Rs 1.95 or 1.18%. The stock has been on a downward trend, losing value for the last three days and recording a total decline of 4.6% during this period. Additionally, the stock touched an intraday low of Rs 159.05, indicating significant selling pressure. The stock's performance over the past week shows a decline of 3.87%, while it has fallen 13.14% year-to-date and 25.03% over the past year, contrasting with the Sensex, which has gained 3.18% year-to-date. There has also been a notable decrease in investor participation, with delivery volume dropping by 45.73% against the five-day average, suggesting waning interest among investors.
In the broader market context, the stock's recent performance is underwhelming compared to the benchmark Sensex, which has only declined by 0.69% over the past week. While the stock has outperformed the Sensex over a three-year and five-year period, its short-term performance indicates a significant divergence from the overall market trend. The stock's moving averages show it is currently lower than the 5-day, 20-day, and 200-day averages, which may signal bearish sentiment among traders. Overall, the combination of falling prices, reduced trading volume, and negative short-term returns relative to the benchmark suggests that Bombay Dyeing is facing challenges that are contributing to its recent price decline.