Why is Celebrity Fash. falling/rising?

As of 24-Sep, Celebrity Fashions Ltd is experiencing a decline in its stock price, currently at 11.99, which reflects a decrease of 0.16 or 1.32%. The stock has underperformed its sector by 0.89% today and has been on a consecutive downward trend for the last two days, resulting in a total decline of 4.77% 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 by 1.51% compared to the 5-day average, suggesting falling investor participation. Notably, the stock has shown significant underperformance over various time frames, with a year-to-date decline of 27.94% compared to a 4.58% increase in the benchmark Sensex.
In the broader market context, Celebrity Fashions Ltd's recent performance contrasts sharply with the benchmark, as it has declined by 1.72% over the past week while the Sensex has only fallen by 1.18%. Over the past month, the stock has dropped 8.26%, while the Sensex has gained 0.50%. This trend continues over longer periods, with a staggering 41.23% decline over three years compared to a 40.65% increase in the Sensex. The persistent underperformance and negative momentum in both stock-specific factors and broader market comparisons indicate a challenging environment for Celebrity Fashions Ltd, contributing to its current price decline.