Why is Filatex Fash. falling/rising?

As of 04-Jul, Filatex Fashions Ltd is experiencing a decline in its stock price, currently at 0.65, which represents a decrease of 0.01 or 1.52%. The stock has underperformed its sector by 2.34% today and has been on a consecutive downward trend for the last two days, resulting in a total drop of 5.8% during this period. Although the stock has shown strong short-term performance with a 25% increase over the past week and a 27.45% increase over the past month, it has a significant year-to-date decline of 13.33% and a staggering 57.40% drop over the past year. The company has reported a healthy long-term growth in operating profit, but it faces challenges such as poor management efficiency, indicated by a low return on equity of 0.41%, and a significant drop in profit after tax compared to previous quarters.
In the broader market context, while the Sensex has shown a slight increase of 3.01% over the past month, Filatex Fashions Ltd's recent performance contrasts sharply with this benchmark, particularly given its year-to-date performance. The stock's liquidity remains adequate for trading, but the falling investor participation, as evidenced by a 22.1% decrease in delivery volume, raises concerns about investor confidence. Additionally, the lack of domestic mutual fund investment suggests that institutional investors may not be comfortable with the current valuation or the business prospects, further contributing to the stock's downward pressure.