Why is Dhanlaxmi Fabric falling/rising?

As of 06-Oct, Dhanlaxmi Fabrics Ltd is experiencing a decline in its stock price, currently at Rs 58.13, which reflects a decrease of 3.05 (-4.99%). The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total drop of 10.4% during this period. It opened the day with a loss of 4.99% and touched an intraday low of Rs 58.13. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. While there has been a rise in investor participation, as evidenced by a 22.21% increase in delivery volume on October 3, the overall performance remains weak, with the stock down 6.09% over the past week and 9.74% year-to-date.
In the broader market context, Dhanlaxmi Fabrics' recent performance contrasts sharply with the Sensex, which has gained 1.77% over the past week and 4.67% year-to-date. This underperformance highlights the stock's struggles relative to the benchmark index. Despite a positive return of 4.64% over the past month, the stock's longer-term performance remains concerning, with a decline of 13.24% over the past year compared to a minimal increase in the Sensex. The liquidity of the stock appears adequate for trading, but the overall negative sentiment and consistent downward movement suggest a challenging environment for Dhanlaxmi Fabrics Ltd.