Why is Ceenik Exports falling/rising?

As of 07-Nov, Ceenik Exports (India) Ltd is experiencing a decline in its stock price, currently at Rs 393.45, which represents a decrease of Rs 20.7 or 5.0%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 10.16% during this period. Today, it opened with a loss of 4.87% and reached an intraday low of Rs 393.45. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. While there has been a notable increase in delivery volume, rising by 92.88% against the 5-day average, the overall performance remains weak, as the stock has underperformed its sector by 5.65%. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.
In the broader market context, Ceenik Exports has significantly underperformed compared to the benchmark Sensex. Over the past week, the stock has declined by 6.89%, while the Sensex has only decreased by 0.86%. In the past month, Ceenik Exports has seen a decline of 10.08%, contrasting with a 1.57% increase in the Sensex. Year-to-date, the stock has plummeted by 70.19%, while the Sensex has gained 6.50%. This stark contrast highlights the challenges faced by Ceenik Exports in the current market environment, contributing to the ongoing decline in its stock price.