Why is ITL Industries falling/rising?

As of 26-Aug, ITL Industries Ltd is experiencing a decline in its stock price, currently at Rs 343.00, which reflects a decrease of Rs 10.0 or 2.83%. The stock has underperformed its sector by 1.73% today and has been on a downward trend, falling consecutively for the last two days with a total drop of 3.33%. It is also close to its 52-week low, just 4.66% away from Rs 327. The stock's performance over the past week shows a decline of 4.99%, and it has significantly underperformed the benchmark Sensex, which has only decreased by 1.05% in the same period. Additionally, ITL Industries is trading below all its moving averages, indicating a bearish trend, and there has been a notable drop in investor participation, with delivery volume falling by 68.89% against the 5-day average. In the broader market context, while the Sensex has shown a slight decline of 1.05% over the past week, ITL Industries' performance has been considerably worse, highlighting its struggles relative to the market. The stock's year-to-date performance is particularly concerning, with a decline of 23.23%, contrasting sharply with the Sensex's gain of 3.39%. This stark difference suggests that investor sentiment towards ITL Industries is weak, compounded by the lack of positive factors in the available data to counterbalance the negative trends observed in its recent performance.