Why is Gini Silk Mills falling/rising?

As of 10-Oct, Gini Silk Mills Ltd is experiencing a decline in its stock price, currently at Rs. 69.50, which reflects a decrease of Rs. 4.3 or 5.83%. The stock has hit a new 52-week low of Rs. 67.2 today and has underperformed its sector by 6.86%. It has been on a downward trend for the last two days, with a total drop of 6.7% 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 significantly, with delivery volume falling by 45.36% compared to the 5-day average, suggesting a lack of interest from investors.
In the broader market context, Gini Silk Mills has underperformed relative to the Sensex, which has gained 1.59% over the past week while Gini Silk Mills has lost 1.52%. Over the past month, the stock has declined by 10.90%, contrasting sharply with the Sensex's modest gain of 1.32%. Year-to-date, Gini Silk Mills has seen a substantial drop of 47.71%, while the Sensex has risen by 5.58%. This stark difference in performance highlights the challenges faced by Gini Silk Mills in attracting investor confidence amidst a generally positive market environment.