Why is Kakatiya Textile falling/rising?

As of 06-Nov, Kakatiya Textiles Ltd is experiencing a decline in its stock price, currently at 16.00, reflecting a decrease of 0.32 or 1.96%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total drop of 6.32% during this period. Additionally, Kakatiya Textiles has shown significant underperformance over various time frames, with a year-to-date decline of 29.73% and a staggering 85.35% drop over the last three years. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Although there has been a rise in investor participation, with a 68.09% increase in delivery volume, the overall sentiment remains negative, and no positive factors are available to counterbalance the stock's recent performance.
In the broader market context, Kakatiya Textiles' short-term performance has been notably worse than the benchmark, with a 1-week return of -10.96% compared to the Sensex's decline of only 1.30%. This stark contrast highlights the stock's struggles relative to the market. While the Sensex has shown a positive return of 1.86% over the past month, Kakatiya Textiles has declined by 4.88%, further emphasizing its underperformance. The liquidity of the stock remains adequate for trading, but the persistent downward trend and lack of positive developments contribute to the ongoing decline in its stock price.