Why is Classic Filament falling/rising?

As of 09-Sep, Classic Filaments Ltd is experiencing a decline in its stock price, currently at 21.76, which represents a decrease of 0.24 or 1.09%. The stock has been underperforming, having lost 9.3% over the last three days, and it is trading below all its moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Additionally, the stock has shown a significant year-to-date decline of 27.35%, and a one-year drop of 32.53%. Despite these negative trends, there has been a notable increase in investor participation, with delivery volume rising by 174.23% compared to the 5-day average, indicating some interest in the stock despite its recent performance.
In the broader market context, Classic Filaments' short-term performance has been significantly worse than the benchmark, with a 1-week return of -9.14% compared to the Sensex's gain of 1.18%. This stark contrast highlights the stock's struggles relative to the overall market, which has shown positive movement. While the stock's liquidity appears adequate for trading, the overall negative sentiment surrounding its recent performance and the broader market's positive trajectory contribute to the ongoing decline in its stock price.