Why is Dhunseri Tea falling/rising?

As of 17-Oct, Dhunseri Tea & Industries Ltd. is experiencing a significant decline in its stock price, currently at Rs. 146.50, which represents a decrease of Rs. 35.45 or 19.48%. The stock has hit a new 52-week low of Rs. 145.6 today and has underperformed its sector by 20.65%. The stock has shown a trend reversal, falling after two consecutive days of gains, and has exhibited high volatility with an intraday volatility of 19.73%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has also decreased significantly, falling by 58.7% against the 5-day average, suggesting a decline in investor participation.
In the broader market context, Dhunseri Tea's performance has been notably poor compared to the benchmark Sensex, with a 1-week return of -20.23% while the Sensex gained 1.76%. Over the past month, the stock has declined by 23.26%, contrasting sharply with the Sensex's modest gain of 1.52%. Year-to-date, the stock has fallen by 44.51%, while the Sensex has risen by 7.44%. This stark difference in performance highlights the challenges faced by Dhunseri Tea in the current market environment, further exacerbated by the lack of positive factors to support a price recovery.