Why is Ceenik Exports falling/rising?

As of 10-Sep, Ceenik Exports (India) Ltd is currently priced at 332.00, showing no change (0.00%). The stock has underperformed its sector by 2.58% today and is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Over the past week, the stock has declined by 7.00%, and it has experienced significant losses year-to-date, down 74.85%. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 43.63% compared to the 5-day average. Despite a high dividend yield of 4.02%, the overall performance indicates weakness in the stock's recent movement.
Broader market context shows that while Ceenik Exports has struggled, the benchmark Sensex has gained 1.06% over the past week and 1.96% over the past month. This stark contrast highlights the stock's underperformance relative to the broader market. The textile sector, in which Ceenik operates, has seen a gain of 2.44%, further emphasizing the company's challenges in capitalizing on sector growth. Overall, the combination of declining stock performance, reduced investor interest, and the company's inability to keep pace with market benchmarks contributes to the current stagnation in Ceenik Exports' stock price.