Why is Dhanlaxmi Cotex falling/rising?

As of 28-Oct, Dhanlaxmi Cotex Ltd is experiencing a decline in its stock price, currently at Rs 151.10, which represents a decrease of Rs 7.9 or 4.97%. The stock has underperformed its sector by 4.71% today, with a wide trading range of Rs 15.85, touching an intraday high of Rs 166.95 and a low of Rs 151.10. Over the past week, the stock has decreased by 3.39%, and over the past month, it has fallen by 15.21%. Despite a strong year-to-date return of 20.21% and impressive long-term gains, the stock is currently trading below its moving averages across various time frames, indicating a bearish trend. Additionally, while there has been a significant increase in delivery volume, the lack of trading on one day out of the last 20 days suggests erratic trading behavior.
In the broader market context, Dhanlaxmi Cotex's recent performance contrasts sharply with the Sensex, which has gained 0.24% over the past week and 5.22% over the past month. This underperformance relative to the benchmark highlights the stock's struggles in the short term. Despite the positive year-to-date and annual returns, the current downward movement reflects investor sentiment and market conditions that are not favoring the stock at this time. The absence of specific positive or negative factors in the dashboard further complicates the understanding of the stock's recent price movements, leaving a gap in the analysis of potential catalysts or deterrents affecting investor behavior.