Why is Dhanlaxmi Fabric falling/rising?

As of 08-Aug, Dhanlaxmi Fabrics Ltd is experiencing a decline in its stock price, currently at Rs 55.51, which reflects a decrease of Rs 4.47 or 7.45%. The stock is trading close to its 52-week low, just 3.13% away from Rs 53.77. It has been on a downward trend, having fallen for two consecutive days before a slight gain was noted. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has decreased by 7.41%, and year-to-date, it has dropped by 13.80%. However, there has been a notable increase in investor participation, with delivery volume rising by 109.11% against the 5-day average, indicating some interest despite the overall decline.
In the broader market context, Dhanlaxmi Fabrics' recent performance has been significantly worse than the benchmark Sensex, which has only fallen by 0.92% over the past week and has gained 2.20% year-to-date. This stark contrast highlights the stock's underperformance relative to the market. The negative sentiment surrounding the stock is compounded by its long-term returns, which show a decline of 23.65% over the past year compared to a modest gain of 1.23% for the Sensex. Overall, while there are signs of increased trading activity, the stock's persistent decline and poor performance against the benchmark suggest ongoing challenges for Dhanlaxmi Fabrics Ltd.