Why is Filatex Fash. falling/rising?

As of 06-Aug, Filatex Fashions Ltd is experiencing a decline in its stock price, currently at 0.57, which reflects a decrease of 0.02 or 3.39%. The stock has underperformed its sector today by 1.32%, and its performance over the past week shows a significant drop of 9.52%. Additionally, the stock's moving averages indicate that it is higher than the 100-day moving average but lower than the 5-day, 20-day, 50-day, and 200-day moving averages. The delivery volume has also decreased by 27.75% compared to the 5-day average, suggesting falling investor participation. Over the year, the stock has seen a staggering decline of 55.47%, while the textile sector has fallen by 2.07%.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark, as it has underperformed the Sensex, which has gained 3.08% year-to-date. The stock's year-to-date decline of 24.00% further highlights its struggles compared to the overall market trend. The textile sector's recent downturn may be contributing to the stock's challenges, as indicated by the overall sector performance. The liquidity of the stock remains adequate for trading, but the significant drop in delivery volume and the consistent underperformance against the benchmark suggest a lack of investor confidence in Filatex Fashions Ltd at this time.