Why is Kakatiya Textile falling/rising?

As of 31-Oct, Kakatiya Textiles Ltd is experiencing a decline in its stock price, currently at Rs 16.93, which represents a decrease of Rs 1.04 or 5.79%. The stock has underperformed its sector by 4.74% today and opened with a loss of 2.62%. It reached an intraday low of Rs 16.18, reflecting a significant drop of 9.96%. Over the past week, the stock has shown a slight decline of 0.24%, while its performance over the last month has been more pronounced with a decrease of 4.30%. Year-to-date, the stock has fallen by 25.65%, and over the past three years, it has plummeted by 81.18%. Despite this, there has been a notable increase in investor participation, with delivery volume rising by 244.58% against the five-day average, indicating some interest in the stock despite its overall downward trend.
In the broader market context, Kakatiya Textiles' recent performance contrasts with the benchmark Sensex, which has increased by 3.65% over the past month and 7.42% year-to-date. The stock's consistent underperformance relative to the benchmark, alongside its trading below all key moving averages, suggests a challenging environment for the company. The liquidity of the stock remains adequate for trading, but the erratic trading pattern, including not trading on one day out of the last 20, raises concerns about its stability. Overall, the combination of poor stock performance, significant declines over various periods, and the erratic trading behavior contributes to the stock's current downward trajectory.