Why is Filatex Fash. falling/rising?

As of 07-Aug, Filatex Fashions Ltd is experiencing a price increase, currently at 0.58, which reflects a change of 0.01 or 1.75% upward. Despite this positive movement today, the stock has shown a significant decline over the longer term, with a year-to-date drop of 22.67% and a staggering 59.27% decrease over the past year. Today's performance indicates that the stock has outperformed its sector by 3.1%, although it remains below several moving averages, specifically the 5-day, 20-day, 50-day, and 200-day averages. Additionally, there has been a notable decline in investor participation, with delivery volume falling by 22.66% compared to the 5-day average, which may indicate waning interest among investors.
In the broader market context, the stock's short-term performance contrasts with the benchmark, as it has declined by 4.92% over the past week while the Sensex has only dropped by 0.69%. This suggests that Filatex Fashions Ltd is underperforming relative to the overall market trend. Furthermore, while the stock is liquid enough for trading, the significant drop in delivery volume could signal potential concerns among investors regarding its future performance. Overall, while there is a slight uptick in price today, the longer-term trends and decreased investor engagement paint a more cautious picture for Filatex Fashions Ltd.