Why is Garnet Intl. falling/rising?

As of 14-Nov, Garnet International Ltd is experiencing a decline in its stock price, currently at Rs 104.00, reflecting a decrease of Rs 1.1 or 1.05%. The stock has underperformed its sector by 1.81% today and has been on a downward trend for the last three days, accumulating a total loss of 2.67% during this period. Additionally, the stock has shown significant underperformance over various time frames, with a year-to-date decline of 38.46% compared to a 8.22% gain in the benchmark Sensex. The stock has also been trading below its moving averages across multiple time frames, indicating a bearish trend. Furthermore, there has been a notable drop in investor participation, with delivery volume falling by 38.07% against the five-day average, which suggests a lack of confidence among investors.
In the broader market context, Garnet International Ltd's short-term performance contrasts sharply with the benchmark Sensex, which has gained 1.62% over the past week while Garnet has lost 4.50%. This significant disparity highlights the stock's struggles relative to the overall market. The liquidity of the stock remains adequate for trading, but the persistent decline in price and negative sentiment among investors may continue to weigh heavily on its performance unless there are changes in market conditions or company fundamentals.