Why is Filatex India falling/rising?

As of 13-Nov, Filatex India Ltd is currently priced at 57.40, reflecting a decrease of 0.64, or 1.1%. The stock has underperformed its sector today by 0.89%, and its delivery volume has significantly dropped by 55.13% compared to the 5-day average, indicating falling investor participation. Over the past week, the stock has declined by 4.27%, while it has shown a modest increase of 6.34% over the past month. Despite a strong management efficiency with a high return on equity (ROE) of 18.10% and positive results over the last four quarters, the stock has underperformed in the long term, with a year-to-date return of -6.94% and a one-year return of -9.21%, contrasting sharply with the market's average returns.
Broader Market Context: In the context of the broader market, Filatex India has lagged behind the benchmark, as the Sensex has gained 1.40% over the past week and 2.61% over the past month. The stock's recent performance is concerning, especially given the overall market's positive trajectory, which has seen a return of 8.11% year-to-date. While the company's promoters have shown confidence by increasing their stake, the stock's poor long-term growth prospects and recent underperformance relative to the market suggest that investors may be cautious, contributing to the current decline in its price.