Why is Jet Knitwears falling/rising?

As of 31-Oct, Jet Knitwears Ltd is experiencing a decline in its stock price, currently at Rs. 104.00, which reflects a decrease of 5.0 points or 4.59%. The stock has hit a new 52-week low today and has underperformed its sector by 3.54%. Over the past eight weeks, the stock has consistently fallen, generating a total return of -4.59%. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The stock's year-to-date performance shows a decline of 5.45%, and it has also underperformed the benchmark Sensex, which has risen by 8.79% over the same period. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.
Broader Market Context: In the short term, Jet Knitwears' performance has significantly lagged behind the Sensex, which has only decreased by 0.28% over the past week, while Jet Knitwears has dropped by 4.59%. This stark contrast highlights the stock's ongoing struggles relative to the broader market. The company's long-term performance shows a more favorable picture with a 420.00% increase over five years, but the recent trends indicate a troubling decline that investors are likely monitoring closely.