Why is Indian CardCloth falling/rising?

As of 07-Oct, Indian Card Clothing Company Ltd's stock price is currently at 255.05, reflecting a decrease of 3.25, or 1.26%. The stock has been underperforming, having fallen consecutively for the last three days with a total decline of 2.3%. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, the stock has shown a significant decline over the past month, down 8.26%, and year-to-date, it has decreased by 22.95%. While there has been a rise in investor participation, with delivery volume increasing by 19.51% against the 5-day average, the overall performance remains weak, and there are no positive factors available to counterbalance the negative trends.
Broader Market Context: In comparison to the benchmark Sensex, which has increased by 2.07% over the past week, Indian Card Clothing Company Ltd's stock has declined by 1.60%. This underperformance is evident in both the short-term and year-to-date comparisons, where the stock has not only lagged behind the benchmark but also shown a significant drop in value. The broader market context suggests that while the overall market is experiencing gains, Indian Card Clothing Company Ltd is struggling to maintain investor confidence, contributing to its recent price decline.