Why is Ginni Filaments falling/rising?

As of 06-Oct, Ginni Filaments Ltd is experiencing a decline in its stock price, currently at Rs 44.05, which reflects a decrease of Rs 1.2 or 2.65%. The stock has been underperforming recently, having fallen for the last four consecutive days, resulting in a total return of -5.9% over the past week. Today's performance shows that the stock touched an intraday low of Rs 43.13, indicating a significant drop of 4.69%. Additionally, while the stock's moving averages are higher than the 200-day average, they are lower than the 5-day, 20-day, 50-day, and 100-day averages, suggesting a bearish trend. There has been a notable increase in investor participation, with delivery volume rising by 49.68% against the 5-day average, which may indicate some interest despite the price decline.
In the broader market context, Ginni Filaments' recent performance contrasts sharply with the Sensex, which has gained 1.77% over the past week. This underperformance relative to the benchmark highlights the stock's struggles in the current market environment. Over the past month, Ginni Filaments has also seen a decline of 4.43%, while the Sensex has increased by 1.34%. The liquidity of the stock remains adequate, as it is liquid enough for a trade size of Rs 0.01 crore, but the overall negative sentiment and recent price movements suggest that investors may be cautious in the near term.