Why is Indo Cotspin falling/rising?

As of 17-Nov, Indo Cotspin Ltd's stock price is currently at Rs 25.80, reflecting a decrease of Rs 1.84 or 6.66%. The stock has underperformed its sector by 6.71% today, with an intraday high of Rs 28.24 and a low of Rs 25.80. It is trading below all its moving averages (5-day, 20-day, 50-day, 100-day, and 200-day), indicating a bearish trend. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 97.98% compared to the 5-day average. The stock has shown a poor performance over various periods, with a year-to-date decline of 32.11% and a 3-year decline of 73.58%, suggesting ongoing challenges for the company.
Broader Market Context: In contrast, the benchmark Sensex has shown positive returns, gaining 1.69% over the past week and 8.72% year-to-date. This stark difference highlights the underperformance of Indo Cotspin Ltd relative to the broader market. While the Sensex has been on an upward trajectory, Indo Cotspin's significant declines over multiple time frames indicate that the stock is struggling to attract investor confidence amidst a generally positive market environment.