Why is H P Cotton Tex falling/rising?

As of 06-Aug, H P Cotton Textile Mills Ltd is experiencing a decline in its stock price, currently at 100.02, which reflects a decrease of 3.37 or 3.26%. The stock has underperformed its sector today by 1.19%, reaching an intraday low of Rs 93.01, marking a significant drop of 10.04%. The stock has shown high volatility with an intraday volatility of 5.9%, and it is trading below all key moving averages (5-day, 20-day, 50-day, 100-day, and 200-day). Additionally, the stock's performance over various periods indicates a troubling trend, with a year-to-date decline of 23.88% and a one-year decline of 25.30%, while the textile sector overall has fallen by 2.07%. There is also a notable decrease in investor participation, with delivery volume dropping by 84.15% compared to the 5-day average, suggesting a lack of confidence among investors.
Broader Market Context: In comparison to the benchmark Sensex, which has gained 3.08% year-to-date, H P Cotton Textile Mills Ltd's performance is significantly lagging, highlighting a stark contrast in market sentiment. Over the past week, the stock has decreased by 2.70%, while the Sensex has only fallen by 1.15%, further indicating that the stock is underperforming relative to the broader market. This underperformance, combined with the high volatility and declining investor interest, suggests that the stock is facing considerable challenges in regaining momentum amidst a generally more favorable market environment for other sectors.