Why is Ceenik Exports falling/rising?

As of 15-Sep, Ceenik Exports (India) Ltd is experiencing a decline in its stock price, currently at Rs 305.80, which represents a decrease of Rs 14.65 or 4.57%. The stock has underperformed its sector by 4.87% today and has been on a consecutive downward trend for the last two days, resulting in a total drop of 7.95% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has also decreased significantly, falling by 27.17% compared to the 5-day average, suggesting a decline in investor participation. The stock's performance over the past week, month, and year has been notably poor, with returns of -7.33%, -26.40%, and -78.24%, respectively, compared to the Sensex, which has shown positive returns in the same periods.
In the broader market context, Ceenik Exports' recent performance contrasts sharply with the Sensex, which has gained 1.24% over the past week and 1.47% over the past month. This stark difference highlights the stock's struggles relative to the overall market. Despite the high dividend yield of 4.16% at the current price, which could be seen as a positive factor, the overall negative sentiment surrounding the stock, driven by falling prices and reduced trading volume, has overshadowed this benefit. The lack of available positive or negative dashboard data further complicates the assessment of the stock's recent movements, leaving a clearer picture of its challenges in the current market environment.