Why is Classic Filament falling/rising?

As of 08-Sep, Classic Filaments Ltd is experiencing a decline in its stock price, currently at 22.00, reflecting a decrease of 0.89 or 3.89%. The stock has underperformed its sector by 4.93% today and has been on a consecutive downward trend for the last two days, resulting in an overall drop of 8.3% during this period. Additionally, the stock has shown negative returns over various time frames, including a 9.69% decline over the past week and a significant 26.54% drop year-to-date. It is also trading below all its moving averages, indicating a bearish trend. While there has been a notable increase in investor participation, with delivery volume rising by 103.94% against the 5-day average, the lack of positive factors in the dashboard suggests that the stock's recent movement is primarily influenced by negative sentiment.
In the broader market context, Classic Filaments' performance contrasts sharply with the Sensex, which has gained 0.53% over the past week and 3.39% year-to-date. This stark difference highlights the stock's struggles, as it has significantly underperformed the benchmark index across multiple time frames. The overall market conditions appear to favor other sectors, further contributing to the downward pressure on Classic Filaments' stock price.