Why is Garment MLL PP falling/rising?

As of 30-Jun, Garment Mantra Lifestyle Ltd Partly Paidup is experiencing a decline in its stock price, currently at Rs. 0.37, which represents a decrease of Rs. 0.01 or 2.63%. The stock has hit a new 52-week and all-time low today, and it has been on a consecutive fall for the last 20 days, resulting in a significant drop of 58.89% in returns during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Investor participation has also decreased, with delivery volume falling by 3.5% against the 5-day average, contributing to the stock's downward movement.
In the broader market context, the stock has underperformed significantly compared to the benchmark Sensex, which has gained 2.09% over the past week. This stark contrast highlights the stock's struggles, particularly as it has recorded a 17.78% decline over the same period. While the Sensex shows positive returns, Garment MLL PP's performance reflects a lack of investor confidence and liquidity issues, as it remains liquid enough for trading but fails to attract sufficient interest. Overall, the combination of poor stock performance, declining investor participation, and underperformance against the benchmark contributes to the ongoing decline in Garment MLL PP's stock price.