Why is Gretex Industrie falling/rising?

As of 19-Nov, Gretex Industries Ltd is experiencing a decline in its stock price, currently at Rs. 186.20, which reflects a decrease of Rs. 9.8 or 5.0%. The stock has hit a new 52-week low today and is underperforming its sector by 4.85%. Additionally, it is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. The stock's performance over the past week shows a decline of 5.48%, and it has significantly underperformed the benchmark Sensex, which has gained 0.68% in the same period. Furthermore, there has been a notable drop in investor participation, with delivery volume falling by 85.45% compared to the 5-day average.
In the broader market context, Gretex Industries' year-to-date return is down 18.65%, while the Sensex has increased by 10.18%, indicating a stark contrast in performance. Over the past month, the stock has decreased by 6.43%, further highlighting its struggles against the benchmark, which has risen by 1.33%. The significant decline in delivery volume and the stock's position below moving averages suggest a lack of investor confidence, contributing to its downward trajectory. Overall, the combination of poor stock performance relative to the market and diminished trading activity underscores the challenges faced by Gretex Industries Ltd.