Why is Filatex India falling/rising?

As of 14-Jul, Filatex India Ltd is currently priced at 58.75, reflecting a decrease of 0.77, or 1.29%. The stock has been underperforming recently, having fallen consecutively for the last three days, resulting in a total decline of 5.67% during this period. Additionally, the stock's performance today has underperformed the sector by 0.77%. Despite being higher than the 20-day, 50-day, 100-day, and 200-day moving averages, it is lower than the 5-day moving average. The delivery volume has also seen a significant drop of 64.62% compared to the 5-day average, indicating falling investor participation. However, the company maintains a strong ability to service its debt, with a low Debt to EBITDA ratio of 0.71 times, and has shown positive financial results, including a 29.3% growth in PAT and a return on capital employed (ROCE) at its highest level.
In the broader market context, Filatex India's short-term performance has been weaker than the benchmark, with a 1-week return of -1.77% compared to the Sensex's -1.42%. While the stock has generated a positive return of 5.67% over the past year, it has underperformed year-to-date with a decline of 4.75%, contrasting with the Sensex's gain of 5.27%. The stock's valuation appears fair, trading at a discount compared to its peers, and its profits have risen by 21.6% over the past year, suggesting potential for recovery. However, the recent decline in stock price and investor participation may indicate market concerns that could be affecting its performance relative to the broader market.