Why is Indo Cotspin falling/rising?

As of 17-Oct, Indo Cotspin Ltd's stock price is currently at Rs. 27.98, reflecting a decrease of -0.07 (-0.25%). The stock has recently hit a new 52-week low of Rs. 22.5 and has been on a downward trend, experiencing consecutive falls for the last two days, resulting in a total decline of -5.47% 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. The delivery volume has also significantly decreased, with a drop of -66.89% compared to the 5-day average, suggesting reduced investor participation. The stock's performance over the past week, month, and year has been poor, with returns of -0.07%, -6.11%, and -26.37%, respectively, compared to the Sensex, which has shown positive returns in these periods.
In the broader market context, Indo Cotspin's recent performance contrasts sharply with the Sensex, which has gained +1.76% over the past week and +1.52% over the past month. The stark difference in performance highlights the stock's struggles, particularly as it has underperformed the benchmark significantly year-to-date and over the past three years. While the Sensex has increased by +7.44% year-to-date, Indo Cotspin has seen a decline of -26.37%, indicating a challenging environment for the company relative to the overall market.