Why is ITL Industries falling/rising?

As of 08-Sep, ITL Industries Ltd is experiencing a decline in its stock price, currently at 355.00, which reflects a decrease of 3.0 or 0.84%. The stock has underperformed its sector by 0.67% today, and while it is higher than its 5-day moving average, it remains below the 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has shown a modest gain of 0.85%, but it has declined by 2.38% over the past month and has a year-to-date drop of 20.55%. The delivery volume has increased by 7.46% against the 5-day average, indicating rising investor participation, but there is no specific positive or negative dashboard data available to further clarify the stock's recent movement.
In the broader market context, ITL Industries' performance over the past week has outpaced the Sensex, which has increased by 0.53%. However, the stock's longer-term performance is concerning, with a year-to-date decline of 20.55% compared to the Sensex's gain of 3.39%. This suggests that while there may be some short-term interest, the overall trend for ITL Industries is negative, particularly when viewed against the benchmark's performance. The stock's significant underperformance over the past year, with a drop of 22.83% compared to the Sensex's slight decline of 0.49%, further emphasizes the challenges it faces in the current market environment.