Why is Classic Filament falling/rising?

As of 25-Sep, Classic Filaments Ltd is experiencing a decline in its stock price, currently at Rs 23.72, which represents a decrease of 1.27 or 5.08%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total drop of 7.31% during this period. Although it opened with a gain of 5.4% today and reached an intraday high of Rs 26.34, it ultimately closed lower, indicating significant volatility with an intraday range of Rs 2.62. Additionally, the stock's performance over the past week shows a decline of 3.58%, while its year-to-date performance is down 20.80%, contrasting with the Sensex, which has gained 3.87% in the same timeframe. There is no information available regarding positive or negative factors that could have influenced this movement.
Broader Market Context: In the short term, Classic Filaments Ltd has underperformed the benchmark Sensex, which has seen a decline of only 2.23% over the past week compared to the stock's 3.58% drop. This underperformance is further highlighted by the stock's recent high volatility and falling investor participation, as evidenced by a decrease in delivery volume by 4.99% against the five-day average. The stock's current trading conditions suggest a lack of confidence among investors, contributing to its downward trajectory in a market that has shown resilience.