Why is Garment MLL PP falling/rising?

As of 25-Jun, Garment Mantra Lifestyle Ltd Partly Paidup is experiencing a decline in its stock price, currently at Rs. 0.41, which reflects a decrease of Rs. 0.02 or 4.65%. The stock has been on a downward trend, having fallen consecutively for the last 17 days, resulting in a significant total decline of 54.44% during this period. Additionally, the stock has hit a new 52-week and all-time low today. It is also trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent weakness in its price performance. While there has been a slight increase in investor participation, with delivery volume rising by 5.24% against the 5-day average, the overall performance has underperformed the sector by 5.81%.
In the broader market context, the stock's performance over the past week shows a stark contrast to the benchmark Sensex, which has gained 1.61% during the same period. This underperformance highlights the challenges faced by Garment Mantra Lifestyle Ltd in attracting investor confidence compared to the overall market. The lack of available positive or negative factors further complicates the understanding of the stock's recent movements, as no specific catalysts or issues have been identified to explain the ongoing decline. Overall, the combination of significant price drops, poor moving average performance, and underperformance relative to the benchmark suggests a challenging environment for the stock.