Why is Filatex India falling/rising?

As of 06-Nov, Filatex India Ltd's stock price is currently at Rs 59.96, reflecting a decline of Rs 4.57 or 7.08%. The stock has underperformed its sector by 5.83% today and has experienced consecutive falls over the last two days, totaling a drop of 7.71%. The stock touched an intraday low of Rs 59.28, indicating significant volatility with an intraday fluctuation of 6.77%. Over the past week, the stock has decreased by 4.58%, while it has shown a positive return of 18.08% over the past month. Despite strong management efficiency and rising promoter confidence, the stock faces challenges such as declining investor participation and poor long-term growth prospects, which may be contributing to its recent price decline.
In the broader market context, Filatex India's short-term performance has been notably weaker than the benchmark Sensex, which has only fallen by 1.30% over the same week. While the stock has shown positive returns over the longer term, including a 337.66% increase over the past five years, its current struggles highlight a disconnect with the overall market sentiment. The company's ability to maintain high management efficiency and strong financial metrics contrasts with the recent negative price movement, suggesting that investor concerns may be overshadowing its positive fundamentals.